Deutsche Bank cuts thousands of jobs – economy

We may yet find out whether all those Deutsche Bank employees whose jobs are now being cut will be addressed on a first-name basis when they are terminated. And also whether the confidential approach makes a difference for them. In any case, Deutsche Bank boss Christian Sewing not only announced the business figures at the bank’s annual press conference on Thursday, but also announced an important operational innovation: the “you” is no longer appropriate, the CEO wrote to the workforce. From now on – the management team has decided – they want to switch to “you”. It would be nice “if many of you” would follow this.

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