Type
Outsourcing
Country
World
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

5,500 jobs
Number of planned job losses
Job loss
Announcement Date
28 July 2003
Employment effect (start)
Foreseen end date

Description

Deutsche Bank is outsourcing some services, such as Information Technology among others. The measure affects 5,500 employees. If the operation continues the total number of employees would be less than 70,000 world-wide.


Sources

  • 28 July 2003: De FinanciĆ«le Telegraaf
  • 28 July 2003: Die Welt
  • : (www.db.com)

Citation

Eurofound (2003), Deutsche Bank, Outsourcing in World, factsheet number 59030, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59030.