The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64 - 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
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.
Eurofound (2003), Deutsche Bank, Outsourcing in World, factsheet number 59030, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59030.