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Commerzbank to cut 3,900 jobs in Germany
Commerzbank to cut 3,900 jobs, mainly in Germany, as it seeks to fend off UniCredit
Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the German and Italian lenders.
Commerzbank to cut 3,900 jobs in Germany as it unveils ambitious 2028 targets
Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.
Germany's Commerzbank to cut thousands of jobs
Germany's Commerzbank will cut thousands of jobs as the bank battles to fend off a takeover bid from Italian banking giant UniCredit. About 3,900 full-time positions will be cut by the end of 2027, the company announced on Thursday.
Commerzbank to cut 3,900 jobs, mainly in Germany, as it fends off UniCredit
Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the German and Italian lenders.
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