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Deutsche Bank is kicking off a brutal cull of 18,000 jobs as part of a $8.3 billion overhaul. Here"s what we know about what"s going on at the German bank.

Reuters/Kai Pfaffenbach Deutsche Bank CEO Christian Sewing revealed a sweeping overhaul of Germany's biggest bank after a supervisory board meeting on Sunday......»»

Category: topSource: businessinsiderJul 8th, 2019

Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul

Deutsche Bank plans to cut 18,000 jobs in a sweeping, 7.4 billion euro overhaul designed to turn around Germany's struggling flagship lender.....»»

Category: topSource: reutersJul 7th, 2019

Tempered expectations of Fed rate cut sink stocks globally

A strong U.S. jobs report that tempered expectations of an aggressive interest rate cut by the Federal Reserve later this month and weak economic data in Germany helped push global stock indices lower Friday after hitting record highs earlier this week......»»

Category: topSource: reutersJul 5th, 2019

Macron proposes Lagarde to head ECB in push to end EU jobs deadlock

French President Emmanuel Macron sought to break a deadlock over the EU's top jobs on Tuesday by proposing France's Christine Lagarde, now head of the International Monetary Fund (IMF), to lead the European Central Bank (ECB), diplomatic sources said......»»

Category: topSource: reutersJul 2nd, 2019

Amazon to create 1,800 jobs in France, Conforama to cut jobs

U.S. online retail giant Amazon said on Tuesday it will create 1,800 permanent contract positions this year in France, its largest European market after Britain and Germany, although furniture retailer Conforama went the other way in cutting jobs......»»

Category: topSource: reutersJul 2nd, 2019

Amazon plans to create 1,800 jobs in France in 2019

U.S. online retail giant Amazon said on Tuesday it will create 1,800 permanent contract positions this year in France, its largest European market after Britain and Germany......»»

Category: topSource: reutersJul 2nd, 2019

Why Deutsche Bank jobs cuts may be tough but necessary

Germany's struggling lender Deutsche Bank is planning to cut up to 20,000 jobs in a revamp which is expected to be announced as early as next week. Pascale Davies reports......»»

Category: videoSource: reutersJul 1st, 2019

Germany"s Thyssenkrupp agrees restructuring approach with labor leaders

Management and labor leaders at Germany's Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring drive that could lead to the loss of 6,000 jobs......»»

Category: topSource: reutersMay 11th, 2019

Thyssenkrupp agrees restructuring approach with labor leaders

Management and labor leaders at Germany's Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring drive that could lead to the loss of 6,000 jobs......»»

Category: topSource: reutersMay 11th, 2019

Bayer to cut about 4,500 jobs in Germany, Bloomberg reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 9th, 2019

Pharmaceuticals giant Bayer to cut 4,500 jobs in Germany

Pharma and chemicals giant Bayer says it is cutting 4,500 jobs in its home market of Germany......»»

Category: topSource: foxnewsApr 9th, 2019

Goodyear (GT) to Slash Jobs in Germany to Modernize Plants

Goodyear's (GT) plan to cut jobs in Germany is likely to enhance the competitiveness of its manufacturing footprint and assist it in the production of large-rim-.....»»

Category: smallbizSource: nytMar 21st, 2019

Goodyear Tire to cut roughly 1,100 jobs in Germany

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 19th, 2019

Goodyear to cut 1,100 jobs in Germany as it cuts tire production, modernizes plants

Goodyear .....»»

Category: topSource: marketwatchMar 19th, 2019

Goodyear Tire & Rubber to cut 1,100 jobs in Germany as part of plan to modernize plants

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMar 19th, 2019

Deutsche, Commerzbank eye $2tln megabank

Germany's two biggest banks, Deutsche Bank and Commerzbank, are in talks over a merger, but unions say a deal could cost tens of thousands of jobs. Julian Satterthwaite reports......»»

Category: videoSource: reutersMar 18th, 2019

Ford to cut more than 5,000 jobs in Germany, others in UK

U.S. automaker Ford plans to cut more than 5,000 jobs in Germany and will reduce its workforce in Britain as well as it seeks to return to profit in Europe, the company said on Friday......»»

Category: topSource: reutersMar 15th, 2019

Ford slashes more than 5,000 jobs in Germany, cuts to come across Europe

The move is part of an overhaul, aimed at transforming the company's European business, announced in January......»»

Category: topSource: foxnewsMar 15th, 2019

Ford plans to cut 5,000 jobs in Germany, spokeswoman says: WSJ

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMar 15th, 2019

Ford seeks to cut 5,000 jobs in Germany, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 15th, 2019