Deutsche Bank Clears Labor Hurdle for 1,000 German Job CutsBy and
Lender plans to cut 4,000 jobs in Germany as part of overhaul
Cuts will be spread across businesses, lender says on Thursday
Deutsche Bank AG reached an agreement with labor representatives to eliminate 1,000 jobs, as part of Chief Executive Officer John Cryan’s efforts to cut 4,000 positions in the lender’s home market.
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