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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......»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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......»»
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-.....»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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.....»»