Compass Bank to cut 10 percent of staff
Compass Bank said Friday it will cut 1,200 jobs, or about 10 percent of its staff, as part of an overall reorganization intended to streamline its US operations.
Compass Group, the world's biggest caterer, beat forecasts with a 29 percent rise in first-half profit on Wednesday and unveiled plans to buy back 400 million pounds of its shares over 18 months.