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Danske's 2000 Job Cuts to Be Accelerated, Banker Pay Curbed - BusinessWeek

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Posted 10 February 2012 - 08:17 AM

Danske's 2000 Job Cuts to Be Accelerated, Banker Pay Curbed
BusinessWeek
There will “not necessarily be pay cuts but we expect a rather limited development in underlying pay,” he said. The cuts are needed to help Danske reduce costs by about 2 billion kroner ($358 million), or 10 percent of its underlying cost base, ...

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