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October 30, 2008 · 8:41AM

AmEx To Cut 7,000 Positions Amid Crisis

American Express announced Thursday it will cut 7,000 jobs, roughly 10% of its workforce, as part of a restructuring plan aimed at cutting $1.8 billion in costs amid the financial crisis. (CNNMoney)

Categories: Business & Finance Today · Financial Services · Markets, Economic News

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