Deutsche Bank Considering Cutting One-Sixth of Workforce Globally — Reports
MOSCOW (Sputnik) — Deutsche Bank, the largest German commercial bank, is considering laying off 15,000 to 20,000 employees, representing from one-sixth to one-fifth of its almost 91,500-strong global workforce, the Wall Street Journal reported on Friday, citing sources. The reductions planned by the management reflect the accelerated unbundling of Deutsche Bank and another serious rollback...