Deals
Nomura Said to Prepare for Job Cuts of About 5% in Europe
This article is for subscribers only.
Nomura Holdings Inc., Japan’s largest brokerage, is preparing to trim about 5 percent of jobs in Europe to reduce costs, according to two people with knowledge of the matter.
The cuts may be announced as early as today, the people said, declining to be identified because the information is confidential. Fewer than 400 positions will be eliminated globally, with the majority in Europe, one of the people said.