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Merrill Lynch Japan to cut 700 jobs in retail section.

Publication: Japan Weekly Monitor
Publication Date: 31-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 28 Kyodo

Merrill Lynch Japan Securities Co. plans to slash its retail brokerage business in Japan and cut around 700 jobs from its payroll of 1,700, financial industry sources said Friday.

The Japan unit of Merrill Lynch & Co. of the United States is expected to formalize...

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