Abu Dhabi's Al Hilal Bank cuts 160 jobs ahead of three-way merger -sources | Reuters:
Abu Dhabi’s Al Hilal Bank has made about 160 people redundant ahead of a three-way merger with Abu Dhabi Commercial Bank and Union National Bank,, three sources familiar with the matter told Reuters.
Majority of those laid off were staff outsourced from a Dubai-based company, one of the sources said.
The staff were largely in the retail and sales business while a small number were in the administration and finance departments, the sources said.
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