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Royal Bank of Scotland: 3,000 jobs

November 20, 2008

The Royal Bank of Scotland will cut about 3,000 jobs in the next few weeks.

'The positions will go in its global banking and markets workforce, spanning more than 50 countries. Jobs are likely to go in the City of London,' said a BBC report.

The bank has about 170,000 employees, of which about 100,000 are in the UK.

Image: A Royal Bank of Scotland branch in central London. | Photograph: Shaun Curry/AFP/Getty Images

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