Milan, February 13 (LaPresse) – German bank Commerzbank has announced that it will eliminate 3,900 full-time jobs by 2028, primarily in Germany. This was communicated by the German bank in an update to its industrial plan.

The job cuts will be accompanied by staff increases in "selected areas," such as international offices, resulting in a globally stable workforce of approximately 36,700 employees, the bank explained in its strategic update.

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