|
BIZCHINA> China Banking
![]() |
|
Bank layoffs cast shadow on mainland
(chinadaily.com.cn)
Updated: 2008-11-19 09:28
The spate of layoffs in the banking sector has sparked fears of job losses amongst Chinese employees working in banks and financial houses. Although no foreign bank has cut mainland jobs to date, "it is only a matter of time before they start doing so", said a junior manager at the Shanghai branch of DBS Bank.
The Singapore bank had earlier said it would cut its global workforce by 6 percent, or 900 jobs, by the end of this month, to reduce costs after reporting a fall in third quarter net profit.
...... The full text is available in the November Issue ofChina Banking. (For more biz stories, please visit Industries)
|
彰武县| 云林县| 乌拉特中旗| 兰西县| 义乌市| 化德县| 尼勒克县| 高陵县| 独山县| 南阳市| 临海市| 江阴市| 同仁县| 咸宁市| 兴国县| 香河县| 旬邑县| 开封市| 中阳县| 临沧市| 寿光市| 廊坊市| 汶川县| 九江县| 斗六市| 开封县| 桃园市| 临朐县| 武清区| 沅陵县| 迁安市| 宜城市| 崇文区| 方城县| 克拉玛依市| 务川| 吉安县| 左云县| 荥阳市| 蒙自县| 平山县|