Deutsche Bank

Financial Services
Germany2 layoff rounds tracked
7,000

Total Jobs Cut

July 2025

Most Recent

3,500

Largest Single Layoff

No

AI Cited

Layoff Timeline

July 2025

3,500 jobs cut

Reason: Global restructuring and technology modernization

April 2025

3,500 jobs cut

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

About Financial Services Layoffs

33,700

Total industry layoffs

40%

AI-cited events

Sources

Financial Times

Global restructuring and technology modernization

Fortune

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

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