CIMB’s separation scheme costs RM443mil

Job cuts in Malaysia and Indonesia will bring about savings of RM292mil a year

KUALA LUMPUR: Malaysia’s second largest lender by assets, CIMB Group Holdings Bhd, has completed a RM443.3mil Mutual Separation Scheme (MSS).

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , CIMB Group Holdings Bhd

Next In Business News
IMF evaluation reflects Malaysia’s strong economic fundamentals, economists say
MATRADE appoints Abu Bakar Yusof as CEO
Ringgit poised to see profit-taking after hitting near six-year high vs greenback
The illusion of beat estimates
Racing to deliver
Green stocks are big winners
Asia in US$200bil complex investment�revival
EU dilutes green disclosure rules
Can Nilai become an AI mega hub?
Thematic guide to investments in 2026

Trending in Biz News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.