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Santander plans to cut staff in Europe to save $1.2 billion over 2 years

Santander had already undergone a round of layoffs relatively recently: 3,069 employees were dismissed after the absorption of Banco Popular in 2019.

https://www.businessinsider.com/santander-layoff-cut-redundancies-redundant-european-layoffs-banks-two-years-2020-10

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