Under the expansion of professional titles, there are many directors and managing directors in the banking and real estate agency industry. According to sources, the London office of Mitsubishi UFJ Bank provides voluntary resignation advice to about 500 directors and managing directors of the company.
Reuters quoted sources as saying that the plan is to reduce costs and simplify the current senior management team.
There are currently about 2,000 employees
Mitsubishi UFJ employs about 2,000 people in London, which is about one-fourth of this time. According to sources, this action is part of the Group’s April restructuring of its overseas operations.
Mitsubishi UFJ has been recruiting in London since 2017 when it plans to significantly expand its European operations.