• 07 Mar 2013 at 5:31 PM

Pen And Pencil Watch ’13: Deutsche Bank

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Remember when Citigroup announced it was going to save a bunch of money by banning color copies and requiring employees to print on both sides? Deutsche Bank appears to be taking a play from that playabook.

From the front lines:

There is presently a “supplies freeze” at DB. No one is allowed to order pencils, paper, rulers (what are they using the rulers for?) etc. I’ve been using Red & Black notebooks, pens and Post It’s as currency for favors. This afternoon, I sat in a meeting where we didn’t have enough chairs and were told we couldn’t order more because of aforementioned “supplies freeze.”

Comments (6)

  1. 1
    Posted by wang chung | March 7, 2013 at 5:44 PM

    "Ok everyone grab a milk crate and shut up, let's get this meeting going!"

  2. 2
    Posted by Poland | March 7, 2013 at 5:49 PM

    Worrisome countdown to Lebensraum begins in 3…2….1….

  3. 3
    Posted by Guest | March 7, 2013 at 5:59 PM

    "Chapter I: How to demoralize your employees and cripple productivity"

    -Excerpt from the UBS guide to managing an investment bank

  4. 4
    Posted by Wire | March 8, 2013 at 3:15 AM

    "This afternoon, I sat in a meeting where we didn’t have enough chairs…"

    Not sure why you're complaining — you apparently had a chair.

  5. 5
    Posted by Nervous | March 8, 2013 at 7:22 PM

    rulers are obviously being used to spank the secretaries…..duh

    - MD

  6. 6
    Posted by juanses | March 11, 2013 at 11:33 AM

    who takes notes anyway