Providian to cut 800 jobs

Article Abstract:

Providian Financial Corp. is planning to layoff up to 800 employees or 6.4% of its labor force. The layoffs are part of the company's restructuring efforts. Additional job cuts could be implemented.

Bank Credit Cards, Credit and debit card industry, Credit card industry, Washington Mutual Inc. Washington Mutual Card Services Div., PVN

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Chase raises layoff target for merger to 5,000

Article Abstract:

Chase Manhattan Corp. has increased its layoff target from 3,000 to 5,000. The company increased the number as it concludes its merger with JP Morgan and Co.

Chase Manhattan Corp., CMB

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Deutsche Bank will cut 4,500 jobs over two years

Article Abstract:

Deutsche Bank AG is planning to layoff up to 4,500 employees over a two-year period. The bank may carry out even larger layoffs in the future.

Germany, Deutsche Bank AG, DTBKY

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