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Added on the 28/06/2019 12:03:30 - Copyright : Wochit
Deutsche Bank is slashing 15,000 jobs and shedding assets as new Chief Executive John Cryan starts to implement a deep overhaul at Germany's biggest bank. As Ciara Lee reports it's not the only bank struggling to restructure.
Media reports say the global banking giant HSBC could slash up to 20,000 jobs next week as part of a massive corporate restructuring project. Tara Joseph reports.
French agro-food giant Danone, badly hit by the Covid-19 pandemic, announces that it wants to cut up to 2,000 jobs at its headquarters in France and abroad. IMAGES of Danone France HQ
Paris, May 29 (EFE), (Camera: Yoan Valat).- Renault presented a restructuring plan on Friday that will cut some 15,000 jobs worldwide and trim annual costs by some 2 billion euros following a drop in sales as a result of the coronavirus pandemic.FOOTAGE OF THE USINE DE CHOISY-LE-ROI PLANT.
Deutsche Bank's finance chief told staff representatives last month that job cuts at the bank could be double that planned, a step that could remove 10,000 further employees, a person with direct knowledge of the matter has told Reuters. David Pollard reports.
Cisco Systems is laying off about 14,000 employees, nearly twenty percent of its global workforce, according to sources close to the company. Bobbi Rebell reports.