Singapore OCBC CEO says layoffs will be last resort

Reuters India, 18 Feb 2009, Saeed Azhar

SINGAPORE, Feb 18 (Reuters) - Singapore's Oversea-Chinese Banking Corp (OCBC.SI: Quote, Profile, Research) will consider layoffs only as last resort, chief executive officer David Conner said on Wednesday.
No jobs cut have been planned currently, Conner said at a media briefing.

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