Tens of thousands of jobs on the line in German banking industry

Tens of thousands of jobs on the line in German banking industry

Tens of thousands of German jobs in the finance industry are under threat with the possibility of a merger between Deutsche Bank and Commerzbank. This large monopoly would see the German bank the fourth largest in Europe. Reportedly, the German government has approved this merger and its consequences. Unions point to employees, whose taxes saved the banks, are now threatened with job insecurity.

Ste Stones
Ste Stones
Based Haole
Based Haole 1 year

but muh 6 million (((bankers)))

Jon Illum
Jon Illum 1 year

Jobs that should not exist in the first place. When bankers go on strike nothing happens.. it’s a job that doesn’t need to exist

M.Twain
M.Twain 1 year

Those jobs along with accounting and similar jobs that crunch numbers will be eliminated by software and AI. Brick and mortar Banks will soon be a thing of the past.

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