Emirates NBD has cut over 400 jobs since October - sources - Reuters:
Dubai’s largest bank, Emirates NBD , has cut between 400 and 500 jobs since October, sources familiar with the matter said, as banks in the United Arab Emirates (UAE) reduce costs amid slower economic growth.
The cuts have been across several areas of the bank, which employs 12,000 people in the UAE, and the process has ended, said one of the sources.
A second source said the retail and technology operations were the most affected.
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