Deutsche Bank Resumes Job Cutting Program, 18,000 Could Be Lost

May.13 — Deutsche Bank AG becomes the first major bank to resume job cuts after the coronavirus outbreak put the plans on hold. As many as 18,000 jobs — or 20% of its workforce – could be affected. Bloomberg’s Jan-Patrick Barnert reports on “Bloomberg Daybreak: Americas.”

In This Story: Deutsche Bank

Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed in New York Stock Exchange and Frankfurt Stock Exchange. The bank’s network spans 58 countries with a large presence in Europe, the Americas and Asia.

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