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Election over let the layoff start: Boeing to cut 30%
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And in Europe.. ING to Cut Jobs, Reports Drop in Profit The Netherlands' largest bank by assets announced 1,000 job cuts at its commercial bank, in view of a "challenging business environment" and more stringent rules for the industry. It also said it would scrap 1,350 jobs at its European insurance business as it readies the unit for an initial public offering next year. ING employs around 94,000 people world-wide. [ link to online.wsj.com]
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