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Review 2020: 10 biggest job cuts at banks this year


This year has not been a good bottom line for financial services companies. Unfortunately, it is often employees who feel the brunt of these changes when cost-cutting exercises are carried out.

Banks cut tens of thousands of jobs this year

Whether due to a digital transformation, in response to COVID-19 or as part of consolidation, several banks have announced a total of tens of thousands of job cuts.

Here are the biggest layoffs we’ve ever seen …



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