The Business Times
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YZJ to cut 2,000 more jobs

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Published Fri, Aug 26, 2016 · 09:50 PM

Singapore

CHINESE shipbuilder Yangzijiang Shipbuilding (YZJ) is looking to slash 2,000 more jobs to bring its overheads down as its order intake for shipbuilding slows.

A YZJ spokesman confirmed to The Business Times that the group plans to cut 10 per cent of its current workforce - equivalent to 2,000 jobs - this year.

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