Deutsche Bank Job Cuts May Cost Billions, Welt Am Sonntag Says
2015-08-30 00:00:00.0 GMT
By Johannes Koch
(Bloomberg) -- The proposed staff cuts at Deutsche Bank may
cost an average of 120,000 euros per person in redundancy-
related costs, Welt am Sonntag reports, citing supervisory board
sources.
* Costs could reach 300,000-400,000 euros per person at the
bank’s headquarters, where well-paid employees work: Welt
says
* A spokesman for the German bank declines to comment to Welt
For Related News and Information:
First Word scrolling panel: FIRST <GO>
First Word newswire: NH BFW <GO>
To contact the reporter on this story:
Johannes Koch in Berlin at +49-30-70010-6245 or
jkoch34@bloomberg.net
To contact the editor responsible for this story:
Chitra Somayaji at +44-20-3525-9717 or
csomayaji@bloomberg.net
2015-08-30 00:00:00.0 GMT
By Johannes Koch
(Bloomberg) -- The proposed staff cuts at Deutsche Bank may
cost an average of 120,000 euros per person in redundancy-
related costs, Welt am Sonntag reports, citing supervisory board
sources.
* Costs could reach 300,000-400,000 euros per person at the
bank’s headquarters, where well-paid employees work: Welt
says
* A spokesman for the German bank declines to comment to Welt
For Related News and Information:
First Word scrolling panel: FIRST <GO>
First Word newswire: NH BFW <GO>
To contact the reporter on this story:
Johannes Koch in Berlin at +49-30-70010-6245 or
jkoch34@bloomberg.net
To contact the editor responsible for this story:
Chitra Somayaji at +44-20-3525-9717 or
csomayaji@bloomberg.net