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Update news cut jobs
Deutsche Bank has said it will cut more than 7,000 jobs as Germany's biggest lender attempts to return to profit.
Microsoft Corp plans to cut "thousands" of jobs, with a majority of them outside the United States,
Verizon Communications Inc (VZ.N) is expected to cut about 2,000 jobs when it completes its $4.48 billion acquisition of Yahoo Inc's (YHOO.O) core assets next week,
Dell Technologies, which completed the acquisition of data storage company EMC Corp on Wednesday, will cut 2,000-3,000 jobs,
Cisco Systems Inc said it would cut nearly 7 percent of its workforce, posting charges of up to $400 million in its first quarter, as the world's largest networking gear maker shifts focus from its legacy hardware towards higher-margin software.
Standard Chartered, the Asia-focused UK bank, is to cut 15,000 jobs by 2018 and raise $5.1bn (£3.3bn) to create a "focused and well-capitalised" group.
VietNamNet Bridge – The capital city of Ha Noi plans to cut jobs by at least 10 per cent by the year 2021.
Lloyds Banking Group is planning to cut around 9,000 jobs - around a tenth of its entire workforce - over the next three years, the BBC understands.
German engineering giant Siemens said Sunday it plans to slash 15,000 positions worldwide by late next year as part of a cost-cutting programme, including 5,000 in its home country.