Credit Suisse to Dismiss 126 Workers at New York Site
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Credit Suisse Group AG, the second-biggest Swiss bank, told New York state regulators it will eliminate 126 jobs in Manhattan over the coming months.
The dismissals affect offices at 1 Madison Ave. and 11 Madison Ave. and will extend through Aug. 6, the bank wrote in a Department of Labor filing. The firm decided last year to scale down its investment bank and said it would cut 3,500 jobs.