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Affin mulls reducing 300 jobs by year end, says group CEO

Mimi Sabreena 11:22:00 AM Informasi

KUALA LUMPUR (Oct 5): Malaysia's second smallest lender Affin Holdings Bhd is planning to reduce its workforce by as much as 6% or 300 staff as part of its strategy to be an efficient financial entity while improving productivity, said its group chief executive officer Kamarul Ariffin Mohd Jamil.

"At the overall level, the exercise will affect about 300 staff, and hopefully with the inevitable cut, it will create productivity and efficiency," Kamarul Ariffin told theedgemarkets.com on the sidelines of Affin Hwang Capital Conference Series 2017.

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