Economics
JP Morgan Luxembourg to axe 105 jobs
American bank JP Morgan has announced plans to axe 105 of the 475 posts at its Luxembourg subsidiary, the LCGB union has confirmed.
(ndp/JB) American bank JP Morgan has announced plans to axe 105 of the 475 posts at its Luxembourg subsidiary, the LCGB-SESF union has confirmed.
The Luxembourg union said in a press statement that it was “shocked by the sudden announcement” that was made during a rushed meeting with staff representatives.
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