business

Nomura to cut around 500-600 jobs in Europe cash equities pullback

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The people who get paid handsomely to move money from point A to point B are getting laid off?! Oh my, boo hoo. Excuse me while I cry into my soup.

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Nomura saved a lot of Lehman employees but it was not a a great business decision on their part.

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Nomura got severe indigestion from swallowing up part of the Lehman business empire, along with many of the key employees leaving when faced with the less attractive conditions of their new working contracts.

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