Deutsche Bank mass-firings first domino in global downturn?
The TRUTH of it is – Deutshe Bank is firing 18K employees by decree announced TODAY. 18K people; 18K employees; 18K workers at the bank; 18K – that’s 18K! Think about that – 18K fired over 3 years.. 18K!! WOW.. 18K!! LOLROTF!!!!!!!!!😖😵😆😝😜😊😎
Deutsche Bank has announced plans to lay off 18,000 employees over the next three years, along with other changes to its business model. Economist and founder of Democracy at Work Prof. Richard Wolff joins Rick Sanchez to share his insights. He argues that Deutsche Bank’s announcement of the layoffs three years in advance may have been a mistake.