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“Deutsche Bank job cut”: What is the reason behind Deutsche Bank’s decision to slash 3,500 jobs?

Germany’s largest financial institution, Deutsche Bank, has announced plans to cut 3,500 jobs over the next two years as part of an ongoing cost-reduction initiative. The bank’s CEO, Christian Sewing, stated that cost management is a high priority for the company after experiencing a 16% decline in net earnings, which amounted to 4.2 billion euros […]