Deutsche Bank AG is considering cutting 15,000 to 20,000 jobs, or more than one ...
FILE PHOTO: The Deutsche Bank headquarters are seen in Frankfurt, Germany October 29, 2015. REUTERS/Kai Pfaffenbach/File Photo
The layoffs would probably take place over more than a year and would spread across regions and businesses, the Journal saidTop-level talks about the restructuring took place on Thursday and Friday, but no final decisions have been made, a source close to the matter told Reuters. Sources told Reuters last week that the bank plans to cut the size of its U.S. equities business, leaving only a skeleton operation in place to service corporate and high-net-worth clients.
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