‘You’re Fired!’: 18,000 Deutsche Bank Employees Lose Jobs
Germany’s largest banking institution, Deutsche Bank, has announced that it will lay off close to 18,000 employees worldwide over the next few years. By doing so, the bank calculates that it can eventually reduce adjusted costs by 25 percent to US$19 billion. Culling jobs At present, Deutsche Bank has about 91,500 employees across the world. ...
