Deutsche Bank Plans Some Layoffs in New York Next Month -Reuters

Date : 07/11/2019 @ 11:37PM
Source : Dow Jones News
Stock : Deutsche Bank Aktiengesellschaft (DB)
Quote : 7.78  0.23 (3.05%) @ 12:59AM

Deutsche Bank Plans Some Layoffs in New York Next Month -Reuters

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--Deutsche Bank AG (DB) expects to lay off 126 workers in New York next month, Reuters reported Thursday.

--The bank told the New York State Department of Labor in a filing the workers would be let go between Aug. 7 and Aug. 21, the report said.

--Earlier in the week, Deutsche Bank said it planned to cut 18,000 jobs across the globe.

 

Full story: https://www.reuters.com/article/us-deutsche-bank-usa-staff/deutsche-bank-to-layoff-126-new-york-staff-as-part-of-restructuring-idUSKCN1U62K1

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

July 11, 2019 18:22 ET (22:22 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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