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Deutsche Bank to axe 2,000 jobs in pursuit of profitability
- Deutsche Bank is set to axe 2,000 more jobs in pursuit of profitability.
- The bank previously laid off 3,500 support staff in 2024 in an effort to cut costs.
- The current job cuts will primarily affect the personal bank and its subsidiary, Postbank.
- Deutsche Bank's CEO, Christian Sewing, aims to increase profitability by trimming the retail banking division.
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