Brexit jobs exodus 'has begun' as global banks shrink operations and shift staff from London to the Continent, recruitment firm claims
Fears of a mass exodus of jobs sparked by Britain's vote to leave the European Union in June are rapidly becoming a reality, research claims.
Brexit has acted as the catalyst for major US banks to carry out 'radical surgery' on UK operations, including cost cutting and shifting hiring plans from London to rival cities, executive recruitment firm DHR International said.
London Stock Exchange boss Xavier Rolet last week warned over 100,000 UK jobs could be at risk if the euro clearing business is moved abroad as a result of Brexit.
Stéphane Rambosson, managing partner of DHR International,... read more
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