As Bank Leumi gears up to ax 800 jobs, its management is preparing to fly to London to celebrate the bank’s 110th birthday next Monday.
The bash will take place in the old London city hall building, which was erected in 1411 and today serves as a banquet hall. The date for the event was set well in advance, but its timing is unfortunate given the cutbacks and other efficiency measures being implemented at the bank, including the cutting of 800 jobs.
via As Leumi cuts 800 jobs, bank chiefs plan gala in London – Haaretz Daily Newspaper | Israel News.
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