Payday lender Wonga says it will cut 325 jobs - over a third of its staff.
Wonga says 325 posts are set to go in teams that support the UK business, affecting offices in London, Dublin, Cape Town and Tel Aviv that currently employ a total of 950 people. The Dublin and Tel Aviv offices will close.
Wonga's chairman, Andy Haste, said the business could no longer sustain its high cost base.
Payday lenders have faced a slew of new regulation since last year.
http://www.bbc.co.uk/news/business-31603152
Well, that's a start, just leaves the other two-thirds to get rid of