Commerzbank to cut jobs in private customer business - report

Wednesday, 09. October 2019 06:32

Commerzbank is looking to cut over 1,000 jobs from its private customer business, Handelsblatt reported on Wednesday, citing a workers' committee letter.

However, the bank noted that a final decision is yet to be made.

Earlier, Commerzbank said it is planning to reduce its workforce by 2,300 while a total of 4,300 jobs are expected to be cut across the bank's group.

Related Links: Commerzbank AG
Author:
Breaking the News / VP