Eurotrack

Layoffs

Close Brothers to cut 600 jobs in the UK and Ireland

Location
London · 🇬🇧 United Kingdom
Company
Close Brothers
Sector
Finance / Insurance
Affected staff
600

Around 600 jobs in the UK and Ireland, about a fifth of the workforce. The background is the car-loan commission scandal with high FCA compensation provisions and a savings programme of £85 mn per year.

Source: cityam.com ↗ · Archived copy ↗

Evidence: one source · archived copy saved · How well sourced is Eurotrack?

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