Axe falls as Deutsche Bank lays off 18,000 in $8.3 billion reinvention
July 08, 2019 at 11:13 AM EDT
Deutsche Bank laid-off staff from Sydney to New York on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which will lead to yet another annual loss and knocked its already battered shares.
