Deutsche Bank makes 300 job cuts
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Deutsche Bank plans to eliminate 300 jobs from its investment banking unit amid market volatility.
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Deutsche Bank AG, Germany's largest bank, said Friday it increased its net profit by 18 percent in the third quarter by clamping down on costs and bad loans while increasing profit from trading securities.
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Volkswagen AG is threatening to eliminate 30,000 jobs ahead of next week&#39;s wage talks with unions as Europe&#39;s biggest carmaker seeks cost cuts similar to agreements reached by other German companies, including DaimlerChrysler AG.
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Retailer Home Depot Inc.  on  Wednesday said it would cut 300 jobs at its Atlanta  headquarters, or about 5.6 percent of the location's total  staff, as it shifts resources to invest in store improvements.
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Deutsche Bank AG posted a sharp drop in fourth-quarter profits Thursday citing restructuring charges, and announced another 3,280 job cuts.
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The AA is cutting 1,300 jobs, 10% of its workforce, only three months after it was bought for Â£1.75bn by venture capital firms.
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Commerzbank said Tuesday it lost 208 million euros (&#36;258 million) in the third quarter and will slash hundreds of jobs in its investment banking division.
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Bank of America will begin this month to cut 4,500 jobs across the company, predominantly in non-customer-facing positions. Bank of America said the cuts will spell $150 million in severance
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Report says investment bank plans job, pay cuts prior to a public offering valuing firm at $3B. NEW YORK  - Bruce Wasserstein, head of investment bank Lazard, is planning a new round of job cuts and
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Deutsche Bank, Germany's biggest bank, said it planned to eliminate 1,920 jobs in Germany in the next two years, or seven percent of its German workforce, to cut costs.
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Credit Suisse Group announced plans to merge its Credit Suisse First Boston Securities unit with the rest of the company&#39;s operations and cut as many as 300 jobs.
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Bank of America Corp. BAC.N will cut  an additional 4,500 jobs from its ranks, increasing the number  of jobs lost since its FleetBoston Financial acquisition by 36  percent to 17,000.
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US retailer Macy's said Wednesday it was cutting 2,300 jobs as it vies to overhaul its operations and cut costs amid a slowing economy.
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Bank of America Corp. said yesterday it will bring 300 more jobs to Boston as part of its wealth management unit.
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ABN Amro, the Netherlands&#39; largest bank, is to cut 2,850 jobs as a result of falling profits. The cuts - amounting to 3% of the bank&#39;s workforce - will result in a one-off charge of 790m euros ($1.1bn).
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A call centre in Belfast announces it is to create 300 new jobs after landing four contracts in recent weeks.
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Sovereign Bancorp. said yesterday it will cut 800 jobs, 77 of them locally, from its workforce of almost 9,000 and close most of its wholesale mortgage operation in an effort to slash costs by $100 million annually.