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Commerzbank cuts thousands of jobs

2013-01-24 8 Dailymotion

Commerzbank plans to cut up to 12 percent of its staff over the next three years.<br /><br />It is part of attempts by Germany's second-biggest lender to slash costs and revamp its ailing retail business.<br /><br />Between 4,000 and 6,000 posts will go. <br /><br />The final total will be negotiated with unions in talks starting in February.<br /><br />...<br />http://www.euronews.net/

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