You are here

Tens of thousands of jobs go as China's biggest banks cut costs

Analysts expect banks' workforce to become smaller with technological advances and cost cutting


CHINA's four biggest banks reported that staff numbers fell by the most in at least six years in the first half, highlighting the possibility that employment has peaked at the firms that are the world's biggest providers of banking jobs.

A decline of 1.5 per cent from the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to