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[Deutsche Bank has begun the process of culling 18,000 staff worldwide, with members of its 8,000-strong UK workforce among those facing the axe.
The German lender is scaling back its investment banking division - which has its biggest centre in London - as part of the plans to cut a fifth of its global headcount. Chief executive Christian Sewing declined to give a breakdown of where the jobs axe would fall, but insisted that London would remain a "critical part" of its plans. Staff in Sydney, Hong Kong and elsewhere in Asia were the first to learn ] This has been on the cards for some time Not because of Brexit. This goes way back to 1999. https://news.sky.com/story/deutsche-...-jobs-11758866 Last edited by arista; 08-07-2019 at 04:36 PM. |
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