Job losses fraction of the 9000 reductions earmarked by António Horta-Osório in a strategy review final yearUp to 1000 job losses are expected to be announced at Lloyds Banking Group in the latest attempt by the bailed-out bank to cut costs and bolster profitability. The cuts are thought to be fraction of the 9000 reductions earmarked by António Horta-Osório,chief executive of Lloyds, during a three-year strategy update a year ago.
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Source: theguardian.com