Evli announces staff cutbacks

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FINLAND - Evli Bank is to cut its staff compliment by 50. Since the end of 2000, Evli Group turnover has fallen by 47% and profit has declined by 82%.

The Group initially estimated at the beginning of employee negotiations that 70 jobs would have to be cut. In addition to the personnel cuts, Evli has decided to close down its San Francisco off...

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