Layoffs have started at Deutsche Bank. 18,000 jobs are going

in #news • 5 years ago

https___cdn.cnn.com_cnnnext_dam_assets_190708112941-01-deutsche-bank-0708-restricted.jpg

The layoffs have started at Deutsche Bank as the struggling lender embarks on a dramatic overhaul that will reduce its workforce by 18,000. CEO Christian Sewing confirmed during a conference call that layoffs had started Monday in Asia. He said Deutsche Bank teams in other parts of the world would also be affected.
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