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State Street Plans to cut 630 Jobs

State Street (STT) logged a stronger-than-expected 23% jump in fourth-quarter profits on Friday thanks to higher fees, but the custody bank also disclosed plans to slash more than 600 jobs around the world.

Choosen excerpts by Job Market Monitor from

State Street Grows 4Q Net 23%, Reveals Plans to Axe 630 Jobs - Fox Business

via State Street Grows 4Q Net 23%, Reveals Plans to Axe 630 Jobs | Fox Business.

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