Mizuho Financial Group Inc is considering cutting about 19,000 employees in Japan and abroad over a 10-year period, accounting for one-third of its entire labor force, a source familiar with the matter said Saturday. The job reduction by one of Japan’s mega bank groups is in…
Mizuho Financial Group Inc is considering cutting about 19,000 employees in Japan and abroad over a 10-year period, accounting for one-third of its entire labor force, a source familiar with the matter said Saturday.
The job reduction by one of Japan’s mega bank groups is in line with its cost-cutting measures at time when it has been struggling due to low interest rates.
