Sentences with phrase «slash tens of thousands of jobs»
Big global banks such as JP Morgan Chase and Citibank have already warned they will slash tens of thousands of jobs because they no longer will be able to adequately serve their European clients from London.
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Oil companies have slashed spending, scrapped new projects, slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing in order to weather the more than halving of oil prices since June 2014.