Macquarie silent on job cut reports
Posted
Investment firm Macquarie Group is refusing to comment on a report that about 100 jobs have been slashed from the company.
Macquarie has previously indicated jobs will have to go because of the financial crisis.
The Finance Sector Union is looking into the claims.
After falling in early trade, Macquarie shares rose in late trade, to close 2.7 per cent higher at $28.30.
Yesterday, about 40 GoldmanSachs JBWere employees were made redundant.
The Miscellaneous Workers' Union says its unclear if the sacked workers will get their entitlements.
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