The Dutch cooperative bank Rabobank announced Wednesday it would jettison more than a third of its local workforce, with plans to cut 9,000 jobs between next year and 2018.
"The job losses will be mainly in the back office and support functions and will come on top of the reduction of 3,000 jobs already planned," said the bank, which has almost 24,000 employees in the Netherlands.
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All rights reserved to Arab Today Media Group 2023 ©