Reinforcements for #OccupyWallStreet arriving soon job losses on Wall Street.

Wall Street could lose another 10,000 jobs by the end of 2012, bringing the total number of jobs eliminated since 2008 to 32,000, according to the report from Thomas DiNapoli’s office.

“It now seems likely that profits will fall sharply, job losses will continue, and bonuses will be smaller than last year,” DiNapoli said in a downer of a statement. “As we know, when Wall Street slows, New York City and New York State’s budgets feel the impact, and that is a concern.”

The Wall Street Journal notes that several major banks have announced that they may cut jobs this year, including Goldman Sachs, Barclays PLC, and Bank of America.

via slatest.slate.com