Deutsche Bank

Finance
Germany1 layoff round tracked
3,500

Total Jobs Cut

April 2025

Most Recent

3,500

Largest Single Layoff

No

AI Cited

Layoff Timeline

April 2025

3,500 jobs cut

Reason: Back-office role cuts; CEO Christian Sewing EUR 2.5 billion cost savings plan

Source: Fortune

About Finance Layoffs

69,762

Total industry layoffs

35%

AI-cited events

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Other Finance Layoffs

Citigroup

1 round

20,000 jobs
UBS

1 round

14,000 jobs
HSBC

1 round

4,000 jobs
UBS

1 round

3,000 jobs
Helvetia Baloise

1 round

2,600 jobs

Sources

Fortune

Back-office role cuts; CEO Christian Sewing EUR 2.5 billion cost savings plan

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