Deutsche Bank To Lay Off 3,500 People After Drop In 2023 Profit
Frankfurt, Germany: Germany’s biggest lender Deutsche Bank on Thursday announced plans to slash 3,500 jobs as part of a major cost-cutting drive after its net profit fell in 2023. The group reported a net profit attributable to shareholders of 4.2 billion euros ($4.5 billion), a 16-percent drop on the year before when profits were boosted by…