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Business: Banks may shrink for good as layoffs near 160,000

Source: Yahoo News

 November 16. 2012 8:00AM - Last modified: November 16. 2012 8:50AM

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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 two-to-one. Continue reading


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