Commerzbank to cut 3,900 jobs, mainly in Germany

Commerzbank to cut jobs and boost profits in bid to fend off UniCredit
The German bank is seeking to bolster its financial strength as Italy’s UniCredit vies for a takeover. View on euronews
Commerzbank plans job cuts, new targets to keep UniCredit away, sources say
Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by Italy's UniCredit , multiple people with direct knowledge of the plans told Reuters.
Germany's Commerzbank to cut 3,900 jobs to stave off any takeover bid by Italy's UniCredit
Thursday said that it would cut 3,900 full-time equivalent positions by 2028, as it looks to stave off any takeover bid by Italy's UniCredit.
Europe bank battle: Germany’s Commerzbank plans 3,900 job cuts to thwart Italian takeover
German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to fight off pressure for a tie-up
Commerzbank to cut 3,900 jobs, mainly in Germany, as it seeks to fend off UniCredit
Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the German and Italian lenders.
Commerzbank plans job cuts, new goals to fend off UniCredit
Germany's Commerzbank is upping the ante in exploring defense strategies to maintain a stand-alone strategy in the face of a potential takeover by Italy's UniCredit.Germany' s Commerzbank is reportedly preparing staff cuts in its efforts to fend off tie-up advances by Italian banking group,
Commerzbank plans job cuts and financial targets overhaul to deter UniCredit- Reuters
Commerzbank (ETR:CBKG), based in Germany, is planning to implement staff reductions and revamp its financial targets in an attempt to ward off merger overtures from Italy's UniCredit, according to Reuters.
Germany's Commerzbank to cut jobs to fight off UniCredit
German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to fight off pressure for a tie-up from Italian bank UniCredit. It has since boosted its holding in the German bank to around 28 percent.
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