German Bankers Brace for More Cuts After Losing 188,000 Jobs
- Digitalization seen as threat to job security, survey finds
- Since 2000, a quarter of all bank jobs have been slashed
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(Machine translation provided by Google and reviewed by Bloomberg editors)
After lenders in Germany have already slashed about 188,000 jobs since the year 2000, many employees are now increasingly seeing digitalization as the next big threat to employment.