Friday 29 August 2014
 
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jobs cut

Barclays to axe 19,000 jobs under revival plan

Britain's Barclays will axe 19,000 jobs in the next three years and set up a "bad bank" to house much of its investment banking business and European retail operations as it strives to turn itself around in the face of a trading sl

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Omniyat cuts jobs, delays projects

Dubai-based developer Omniyat Properties said it had cut 69 jobs and scaled back on its projects as the global financial crisis hits the emirate's real estate sector. Most of the redundancies would be in the sales, marketing and suppor

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