wall street firms shed more new york city jobs during the covid19 pandemic in 2020 than any year since the 2008 recession even as profits and compensation increased according to a report released thursday the report examined securitiesindustry employment data as well as profits of new york stock exchange member firms in the state the industry’s employment in the city declined by 3600 people in 2020 or about 2 to 179900 according to the report by state comptroller tom dinapoli companies are on track to shed 4900 more new york jobs in 2021 while the nation’s securities industry is on pace to add 23000 jobs the report said