Report: Merrill to layoff up to 15%
Merrill Lynch & Co. Inc. is planning to slash its work force by 10% to15% sometime in May, CNBC reported.
Merrill Lynch & Co. Inc. is planning to slash its work force by 10% to15% sometime in May, CNBC reported.
Chief executive John Thain is expected to decide the extent of the layoffs — which will not include brokers — by the end of April, the CNBC report said.
For the fourth quarter, th
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