Macquarie Bank preparing to cut 10% of workforce

Macquarie Bank preparing to cut 10% of workforce

Macquarie Bank is preparing to cut as much as 10% of its workforce globally as it downsizes in line with global market activity, the Australian newspaper has reported. "Institutional brokers have been put on notice that the job cuts would occur this week, while the remaining divisions of the bank have been warned the size of the workforce is under examination," the  newspaper reported.

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