Deutsche Bank Layoffs 2024: What to Know About the Latest DB Job Cuts

Deutsche Bank (NYSE:DB) is among today’s top trending stocks for multiple reasons. First off, the German banking giant recently reported impressive fourth-quarter earnings, blowing past Wall Street estimates. News of this profit smash has sent DB stock into the green today. On top of that, though, the company also just announced significant job cuts as part of its operational efficiency program.Specifically, Deutsche Bank is planning to lay off 3,500 workers, amounting to roughly 4% of its global workforce. ...