Thread regarding Bank of New York Mellon Corp. layoffs

Deutsche Bank to lay off 20,000 people - glut of available labor on the horizon

@ZOSsHSu — See details: https://www.thelayoff.com/t/ZOSsHSu

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Post ID: @OP+ZOGSG5R

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I feel sorry for the companies employees that hire the ‘manager’ rats from DB. They are the worst.

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Post ID: @3sea+ZOGSG5R

https://www.wsj.com/articles/deutsche-bank-considers-up-to-20-000-job-cuts-11561728703

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Post ID: @1yvj+ZOGSG5R

The source is on that page OP provided

DB has been a mess for a decade now, they will have to shrink... lost 90%+ of the stock value...

They were 150/share in 2007, now they trade under 8/share

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Post ID: @1ehe+ZOGSG5R

20k is a lot of people. You might be saying to yourself, dear reader "at least that's not us". But it is us. There are similar plans here over the next couple years.

Most of us are dead men/women walking and we just haven't fallen down yet.

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Post ID: @1cef+ZOGSG5R

20k is a lot of people. Right now you might be thinking dear reader "at least we aren't them". But we are. There are plans in place to have similar cuts here over the next couple years. Most of us are dead men/women walking and we are just waiting to fall down.

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Post ID: @1csf+ZOGSG5R

Bloomberg and others, but the Board meets next weekend to finalize. Most will be in US Investment Banking.

Same source has Boeing's plan issues caused by offshore IT work, which the US govt is looking into. $9 an hour labor.

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Post ID: @yhu+ZOGSG5R

From what source?

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Post ID: @gle+ZOGSG5R

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