• 12 Sep 2012 at 7:36 PM

Layoffs Watch ’12: Deutsche Bank

The Germans are “going on a diet” that will involve a “painstaking, methodical, meticulous approach to boosting efficiency” and “very significant streamlining” in the investment bank and no one, not even the people hiding out in Chicago are safe.

“Yet more DB cuts: 3 directors, 1 managing director and 1 vp in Chicago last week.”


60 comments (hidden to protect delicate sensibilities)
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Comments (60)

  1. Posted by lefthandman | September 12, 2012 at 11:25 PM

    No schnitzel for you! Next!

  2. Posted by Another Nervous Jew | September 12, 2012 at 11:31 PM

    This actually makes me somehow less nervous.

  3. Posted by LordDeb | September 13, 2012 at 4:37 AM

    hard times for Germany too…<img src="http://tinyurl.com/c7gx5zk&quot; width="1" height="1" />

  4. Posted by Sell Side | September 13, 2012 at 7:46 AM

    I guess that's why they were in such a bad mood during marketing…or maybe my buy rating on every stock put them over the edge?

  5. Posted by Guest | September 13, 2012 at 11:21 AM

    Well maybe they should stop building those massive square monuments everywhere.

  6. Posted by Financial Samurai | September 13, 2012 at 4:05 PM

    Seriously guys, why bother just sitting around, twiddling your thumbs waiting to get the axe? Engineer your layoff and take things into your own hands!

  7. Posted by Everyone | September 13, 2012 at 4:22 PM

    FOAD, Spammer.

  8. Posted by Worried American | September 20, 2012 at 10:36 AM

    DB hit alot of people in the NY area this week. Many of them are MD and VP and some I have known for years. This economy sucks. DB wants to take jobs away from US nice.

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