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Merrill expects thousands of job cuts

China Daily | Updated: 2008-10-21 08:05

Merrill expects thousands of job cuts

A businessman enters the Merrill Lynch offices in London. Bloomberg News

Merrill Lynch & Co Chief Executive Officer John Thain said he expects "thousands" of job losses from the bank's $50 billion takeover by Bank of America Corp.

Merrill expects thousands of job cuts

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