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  • American Express has announced plans to cut approximately 5,400 jobs worldwide by the end of 2013.The credit card provider says it booked a $US400 million charge in the fourth quarter of 2012 to cover the one-off cost of the lay-offs.It also took another $US500 million in one-off costs relating to other areas of its business, including reimbursements to some customers.The company says the charges
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