Discount Bank Embarks on Pricey Layoffs

Generous payout will be offered to some 1,800 Discount employees on Sunday, as CEO Lilach Asher-Topilsky kicks off four-year strategic plan for the bank.

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Some 250 Israel Discount Bank employees will be able to walk away with an average of 1.22 million shekels ($333,000) each in severance pay, above and beyond what they are normally entitled, as the bank works...
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