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Traditional banks are losing market share to payment service providers. For example, Allied Irish Bank (AIB) will reduce its workforce by one third (1,500 jobs). The major English bank Barclays will cut 1,145 jobs in its home country and the second largest commercial bank in Poland, Bank Polska Kasa Opieki, 1,200 jobs. On the other hand, Mastercard will quadruple its workforce in Ireland (plus 1,500 jobs) in order to expand electronic payment transactions. Jobs will also be created in the French technology sector: at Sopra Steria 1,300 and Assystem 1,500. The Spanish electricity company Iberdrola will create 5,000 new jobs in Spain this year alone and invest massively in the energy turnaround.
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2/2020
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