Monday 23 November 2015

Standard Chartered slashes 100 jobs in UAE | GulfNews.com

Standard Chartered slashes 100 jobs in UAE | GulfNews.com:

"Standard Chartered sources on Monday said that the bank has cut 100 jobs from its operations in the UAE as part of a global restructuring strategy.
 
As part of the global management overhaul the bank expects further 15,000 gross headcount reductions across the group by 2018.
 
“Within this we have already substantially completed senior staff exits (25 per cent or about 1000 roles. Some will be through attrition. Recognise transition period could be difficult, we are taking the action as quickly and as fairly as possible,” said Wasim Ben Khadra, senior regional manager for external communications at Standard Chartered."



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