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Provider: Reuters Investment Profile
Provider: Thomson Reuters StreetEvents

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Natixis SA Plans to Cut 700 Jobs in Savings Drive-Reuters

Wednesday, 16 Oct 2013 02:55am EDT 

Reuters reported that Natixis SA plans to cut around 700 jobs, or 4.5% of its workforce, as part of a cost saving drive. Natixis SA said that the hundreds of potential job losses would prioritize redeployment of staff within the Company and that any departures would be voluntary. Talks with unions are due to begin in mid November 2013. 

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0.0090 +0.16%
4:59am EST