Deutsche Bank to Cut 2,000 Jobs in 2025 as Part of Restructuring Efforts

The bank will also reduce its branch network and focus on digital customer service channels to improve efficiency and profitability.

Deutsche Bank has confirmed plans to eliminate approximately 2,000 jobs this year as part of ongoing cost-saving measures.
The restructuring includes a significant reduction in the number of physical branches, continuing a trend of closures in recent years.
CEO Christian Sewing stated that the costs for these job cuts have already been allocated in the bank's budget.
Negotiations with the works council are ongoing regarding the planned branch closures and their implementation.
The bank is shifting its focus toward digital services, emphasizing video and telephone consultations for private customers.