Deutsche Bank is expected to cut 2,000 jobs this year, significantly reducing its branches
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Deutsche Bank plans to cut nearly 2,000 jobs in its retail banking division and significantly reduce the number of branches. CEO Christian Sewing stated at a financial conference that the layoffs and branch reductions are in line with this year's business plan. Last year, Deutsche Bank closed 125 branches, but the specific number of closures for this year has not yet been disclosed. The company has set aside related restructuring costs
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Source: HongKong Economic Journal The copyright of this article belongs to the original author/organization.
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