Bloomers reporting that another bank is cutting jobs
Rabobank are looking to axe 9000 jobs between 2016-2020, says a Bloomberg red headline. They are looking to cut their balance sheet by €120bn by 2020 adds Reuters
They join Morgan Stanley who yesterday were stated to be cutting 1200 jobs and closing their base metals operations
That also comes on top of Anglo American looking to cut 85k jobs. I'm seeing a theme here but can't quite place my finger on it
The next couple of Challenger Layoff reports are going to need watching
