Abu Dhabi Commercial Bank to Cut About 2,000 Jobs After Merger - Bloomberg:
Abu Dhabi Commercial Bank PJSC, which completed a three-way merger earlier this year, may cut about 2,000 jobs as the lenders integrate operations, people with knowledge of the plans said.
The state-controlled bank started the job cuts once it began combining with Union National Bank PJSC and Al Hilal Bank PJSC, the people said, asking not to be identified because the information is private. It will complete the process in the next few months, the people said.
A spokesman for ADCB declined to comment.
No comments:
Post a Comment