Man moves higher as hedge fund group announces more job cuts to stem decline

Ahl : Iran | Jul 24, 2012 at 2:08 AM PDT

Source: Guardian Unlimited

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It has already announced cost savings of $85m and now it is looking for another $100m reduction over the next 18 months. Some 400 jobs went following its takeover of rival GLG and more were announced in January. These new savings will be realised from "corporate streamlining, simplifying our product... FULL ARTICLE AT Guardian Unlimited

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NEC on Thursday announced 10,000 jobs cuts in its operations around the world.

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NEC on Thursday announced 10,...

NEC on Thursday announced 10,...

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NEC on Thursday announced 10,000 jobs cuts in its operations around the ...