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Deutsche Financial institution confirms plan to chop 18,000 jobs

Picture copyright Getty Pictures Deutsche Financial institution will minimize 18,000 jobs over three years as a part of a radical reorganisation of the German financial institution. It’s going to additionally report a second quarter lack of €2.8bn to partially pay for the shake-up, which can considerably shrink its funding banking …

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Deutsche Financial institution may reduce as much as 20,000 jobs

Picture copyright Reuters Picture caption “We’re ready to make powerful cutbacks,” mentioned CEO Christian Stitching earlier this yr As much as 20,000 jobs may very well be axed at Deutsche Financial institution in a radical reorganisation of Germany’s greatest financial institution. The funding financial institution is anticipated to be notably …

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Greek debt disaster: ‘I wasn’t paid for 2 years’

Picture copyright Menelaos Myrillas Picture caption Greek entrepreneurs Dimitris Kokkinakis and Sophie Lamprou say they’re uncertain of the longer term, however will proceed with their enterprise regardless Organising a enterprise in a rustic that’s struggling to get better from a extreme financial disaster is hardly essentially the most preferrred of …

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Amazon at 25: The story of an enormous

Picture copyright Getty Pictures “There isn’t any assure that Amazon.com generally is a profitable firm. What we’re attempting to do could be very sophisticated,” stated Jeff Bezos in 1999, simply 5 years after launching the net agency. That the agency’s founder was so unsure of its future appears stunning. In …

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Thames Water plans to chop 650 jobs to scale back prices

Picture copyright PA Media Picture caption The utility agency mentioned workers delivering providers to clients can be “largely unaffected” 600 and fifty jobs are to be reduce by Thames Water as a part of a plan to scale back prices. The UK’s largest water firm, primarily based in Studying, has …

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