Egg axes senior management

Online bank Egg said today it was axeing senior managers in a £12m (€17.6m) cost-cutting exercise.

Online bank Egg said today it was axeing senior managers in a £12m (€17.6m) cost-cutting exercise.

Egg said the restructuring would result in the departure of its finance director David Doyle in May and the loss of an undisclosed number of management roles company-wide.

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