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.

5 Recent Items: Deutsche Bank

Deutsche bank ceo says europe needs capital market union 1

Deutsche Bank CEO Says Europe Needs Capital Market Union

Davos Day Two: Trump Win Weighs on Global Elite | The Pulse With Francine Lacqua 01/16/2024

Deutsche Bank Watching ‘Tricky’ M&A Conditions, CFO Says

Bank earnings preview: What will matter most for investors

Deutsche Bank’s Binky Chadha expects a sharp slowdown in the first half of 2024

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.