To reduce costs in the crisis: Deutsche Bank Manager asks for a voluntary waiver of Salary

The German Bank has some of their managers asked, to voluntarily waive a month's salary. "This is a voluntary measure within the meaning of the entrepreneuria

To reduce costs in the crisis: Deutsche Bank Manager asks for a voluntary waiver of Salary

The German Bank has some of their managers asked, to voluntarily waive a month's salary. "This is a voluntary measure within the meaning of the entrepreneurial spirit and the discipline with which we conduct our business," said group spokesman Jörg own village on Saturday. Previously, the "Financial Times had reported" about it.

Therefore, have agreed the management and the members of the Group Management Committee is already a voluntary waiver of a month's salary. Now they wanted to give to a larger group of Senior managers with the opportunity to be a part of this Initiative, own village. Be affected "a few hundred" employees, a spokesman for the German Bank announced on dpa request.

the group's restructuring is progressing in spite of Corona more

to be driving your 2019 initiated restructuring of the group in spite of the Corona-crisis. The voluntary waiver of Salary cuts part of the cost, said a spokesman for the group on Saturday. Germany's largest money house has withdrawn from some areas of business and the investment banking shrank. In addition, by the end of 2022, group-wide, the number of full-time for about 18 000 on world 74 000 decrease.

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kas/dpa
Updated Date: 23 May 2020, 21:26

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