Deutsche Bank cuts 3,500 jobs, adds 1,300 tech positions - The Legend of Hanuman

Deutsche Bank cuts 3,500 jobs, adds 1,300 tech positions


Deutsche Bank is restructuring expenses aimed at investing in technology, reducing overall headcount and exiting certain business lines. The $1.3 trillion bank is looking to drive efficiencies and reduce operating costs, Chief Executive Christian Sewing said during the bank’s fourth-quarter earnings on Jan. 30.  The bank hired 1,300 tech specialists, while eliminating 1,800 contractors and […]




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