Oz lender may axe 600 posts
China Daily | Updated: 2008-12-11 07:59
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People withdraw money from ATM tellers at a Commonwealth Bank of Australia branch in Sydney, Australia. Bloomberg News |
Macquarie Bank Ltd may slash an additional 600 jobs, adding to 200 it has already cut, as Australia's finance industry shrinks for the first time in 13 years, according to the Finance Sector Union of Australia.
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