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UniCredit plans to cut around 10,000 jobs - source

Business & Finance : Business Insider: Money Game

By Daria Sito-Sucic SARAJEVO (Reuters) - UniCredit, Italy's biggest bank by assets, is planning to cut around 10,000 jobs, or 7 percent of its workforce, as it seeks to slash costs and boost profits, a source at the bank told Reuter...

Credit Suisse is slashing another 2,000 jobs

Business & Finance : Business Insider: Clusterstock

Credit Suisse will cut as many as 2,000 additional jobs, as it looks to accelerate the cost cutting programme it put in place earlier this year. The jobs will be cut in the bank's global markets business. The cuts are part of a prog...

Wall Street's trading desks need a new fitness regime — and it's about more than just job cuts

Business & Finance : Business Insider: Clusterstock

Wall Street trading desks need a new fitness regime. That's a polite way of saying they're bloated, and they need to get leaner as costs rise and revenues fall. It's the conclusion of a survey of 3,000 investors by Kevin McPartland ...

HSBC to cut about 2,000 UK jobs

Business & Finance : Business Report

HSBC is set to cut about 2,000 jobs in Britain as part of its drive to slash costs and boost profitability. ||| HSBC, Europe's biggest bank, is set to cut about 2,000 jobs in Britain on Thursday as part of its drive to slash costs a...

ITV To Cut 120 Jobs As Brexit “Uncertainty” Knocks TV Ad Market

Industries / Entertainment Industry : Deadline Hollywood

The effects of Brexit uncertainty are starting to rear their ugly heads: ITV is preparing to cut 120 jobs (out of 6,000 total jobs) in a bid to chop £25M ($30.6M) from costs in the next year, a move largely driven by the possible ef...

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