January 22, 2018 / 4:47 AM / 6 months ago

BRIEF-Siam Commercial Bank Says To Cut Headcount To 15,000 From 27,000 Over Next 3 Years

Jan 22 (Reuters) - Siam Commercial Bank:

* SAYS PLANS TO REDUCE NUMBER OF BRANCHES TO 400 FROM 1,100 OVER NEXT 3 YEARS

* SAYS TO CUT HEADCOUNT TO 15,000 FROM 27,000 OVER NEXT 3 YEARS

* SAYS PLANS JV WITH PARTNERS IN TECHNOLOGY, REAL ESTATE, RETAIL, AUTO LOANS Further company coverage: (Reporting by Chayut Setboonsarng; Writing by Orathai Sriring)

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