Frankfurt, Germany, Jan 20, 2025 (AFP) - Job cuts report worries employees at Germany's Commerzbank

NAMPA / AFP

2025-01-20

Suggestions that German lender Commerzbank was considering cutting thousands of jobs as it fights off an unwanted advance from Italy's UniCredit had unsettled employees, a senior trade union official said Monday. A plan to significantly reduce the headcount at Germany's second-largest bank would be presented to the works council in the weeks ahead, the Financial Times daily reported on Saturday, citing two sources familiar with the matter. Frede......

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