Commerzbank to cut 3,900 jobs in Germany by 2028 amid strategic overhaul
FRANKFURT: Commerzbank, Germany’s second-largest lender, announced Thursday it will eliminate 3,900 full-time positions by 2028, primarily in Germany. This move is part of a broader strategic overhaul aimed at maintaining its global headcount at 36,700, despite planned staffing increases in selected international locations. In its strategic update, Commerzbank projected it would incur around 700 million…