Deutsche Bank puts new process in place to restrict hiring - Reuters [Seeking Alpha]
Deutsche Bank AG (DB)
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Source: Seeking Alpha
Deutsche Bank puts new process in place to restrict hiring - Reuters - Deutsche Bank Aktiengesellschaft (NYSE:DB) | Seeking Alpha Financials Deutsche Bank puts new process in place to restrict hiring - Reuters Aug. 21, 2019 3:55 PM ET | Deutsche Bank Aktiengesells... (DB) Liz Kiesche Deutsche Bank ( +0.9% tightens “Hiring will be restricted to positions that are viewed as critical to the bank’s success and future growth," the memo said. The change comes as Germany's largest lender undertakes a massive restructuring that includes plans to cut 18,000 or nearly one-out-five, jobs. The policy will run for the rest of 2019 and will be revisited at that end of the year, according to the memo. Click to subscribe to real-time analytics on DB Now read: European Banks: Cleaned Up And Ready To Run » Subscribe
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