Deutsche Bank Plans About Half Its 18,000 Job Cuts in Germany

The video discusses Deutsche Bank's strategy to adjust its retail banking operations in Germany, highlighting the challenges of job cuts due to strong labor protections and union negotiations. It also examines the impact of Brexit on job reductions in London, predicting significant workforce changes.

What challenges does Deutsche Bank face in cutting jobs in Germany?

Why is the CEO's plan to cut jobs considered extremely difficult?

What factors contribute to the difficulty of job cuts in German banks?

What impact has Brexit had on job movements within Deutsche Bank?

How many jobs does Deutsche Bank plan to cut, and what proportion of the workforce does this represent?