122004

BRIEF OBJECTS

ABN AMRO TO CUT 1,200 IT JOBS

Trading floor technology and market data staff are not thought to be affected by plans to cut 1,200 of Dutch bank ABN Amro's 5,000 IT staff members, sources tell DWT. In total, bank officials announced last week that they would be cutting 2,850 jobs. However, potential cuts in the trading and market data IT areas have not been ruled out completely. Officials say the process has just begun and specific information is not being shared, even internally. "The job

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