Troubled Deutsche Bank axes another 1,000 German jobs on top of the 3,000 losses announced in June



Deutsche Bank is slashing another 1,000 jobs in Germany as the beleaguered lender battles to convince investors it has a solid future.
The reduction is on top of 3,000 German job losses announced in June.
Almost half of the latest cuts will hit the company’s head operating office and the rest will be spread over several other departments.
It follows wild swings in Deutsche’s share price due to market angst over a £10.8billion bill demanded by US authorities. 
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6 October 2016 in Business, Views: 50
Source: Daily Mail
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