Tough times: Hong Leong is not alone in announcing a downsizing of its workforce in recent times.
PETALING JAYA: Hong Leong Bank Bhd
(HLB) and Hong Leong Islamic Bank Bhd’s (HLIB) mutual separation scheme (MSS) is expected to cost the bank some RM90mil.
The announcement by the banking group made it the second time it had declared a separation scheme for its staff in about four years, pointed out Maybank Investment Bank Research.
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