Moody's shutting consulting business in China, cutting staff
Source: Reuters
HONG KONG, Nov 18 (Reuters) - Moody's Corp (MCO.N) is shutting its China consulting business and is laying off people associated with the unit in multiple locations across the country, two people with knowledge of the matter said on Friday.The U.S.-headquartered credit rating firm started shutting the business, Moody's Analytics, in China this week, said the people on condition of anonymity as they are not…
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