In April, Deutsche Bank said it would cut 800 jobs
PHOTO
Staffing levels at Deutsche Bank have peaked and will be reduced, the lender's chief executive officer Christian Sewing said on Wednesday.
The reduction will be "from a size and number bigger than the reduction we have seen in April", Sewing told analysts.
In April, Deutsche Bank said it would cut 800 jobs.
Sewing wasn't more specific on the timing or targets of the cuts. (Reporting by Tom Sims and Frank Siebelt, Editing by Friederike Heine)
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
