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Deutsche Bank to lose a third of German staff to retirement by mid-2030s, CEO tells DIE ZEIT

Source: reuters.com

Management & GovernanceCompany FundamentalsBanking & Liquidity
Deutsche Bank to lose a third of German staff to retirement by mid-2030s, CEO tells DIE ZEIT

Deutsche Bank expects to lose about 35% of its German workforce over the next eight to nine years through employee retirements, according to CEO Christian Sewing. The projected demographic attrition creates a significant long-term staffing and succession-planning challenge, potentially requiring hiring, automation, or organizational restructuring.

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