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Merrill to Cut Up to 10% of Non-Broker Staff
(Charlie Gasparino, CNBC)
Merrill Lynch is now planning to cut 10% to 15% of its workforce–excluding brokers–sometime in May, CNBC has learned.
Merrill Lynch CEO John Thain is expected to complete his review of headcounts at the Wall Street firm by the end of the month.
(via Huffington Post)
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