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Major Banks Cut 160,000 Jobs -- More Layoffs To Come, Report Says

Major Banks Cut 160,000 Jobs -- More Layoffs To Come, Report Says

Major banks have announced some 160,000 job cuts since early last year and with more layoffs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly 2 to 1. A Reuters analysis of job cuts announced by 29 major banks showed the layoffs ...

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