Deutsche Bank board to meet July 7 to decide on cutting jobs: sources

FAN Editor
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo

June 29, 2019

FRANKFURT (Reuters) – Deutsche Bank’s <DBKGn.DE> supervisory board will meet on July 7 to discuss a major restructuring that may result in as many as 20,000 job cuts, three people with knowledge of the matter said.

A spokeswoman for Deutsche Bank declined to comment.

(Reporting by John O’Donnell, Hans Seidenstuecker and Tom Sims; Editing by Douglas Busvine and Edmund Blair)

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