What does the term 'efficiency' refer to in the context of cost management in banks?
Morgan Stanley Cuts About 1,500 Jobs in Efficiency Drive

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2.
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3 mins • 1 pt
How have US firms responded to revenue drops in terms of cost-cutting?
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3.
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What areas are banks focusing on for job cuts according to the text?
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4.
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What role does technology play in the current workforce of banks?
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Why might banks consider trimming their workforce according to the text?
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