Credit Agricole to cut 2,500 jobs

Note: This section contains information in English only.
Source: Marketwatch

Credit Agricole SA plans to make redundant about 2,500 employees due to spreading debt crisis in the euro-zone. The majority of layoffs will be abroad, said the company representative. Credit Agricole's corporate and investment bank will suffer the most as 600 positions are planned to be cut there.

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