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Matt Levine was saying last week that everybody at DB has been expecting these cuts for ages: https://www.bloomberg.com/amp/opinion/articles/2019-07-02/it-s-no-
by 0898 7y ago
Matt Levine was saying last week that everybody at DB has been expecting these cuts for ages: https://www.bloomberg.com/amp/opinion/articles/2019-07-02/it-s-no-fun-at-deutsche-bank https://www.bloomberg.com/amp/opinion/articles/2019-07-02/it...
- my_usernam3 7y agoThanks for posting this, and I might have to start reading more of Matt Levine. However, I don't know where you get "ages" from. He never mentions how long this has been going on. In fact I read it more as a news story where he is reporting a more recent development. Edit: He does say "Executives in New York have for more than a year worked under the cloud of whether the U.S. operation would be sold, gutted or spun off.", but executives tend to try to hide negative truths from the majority of employees for as long as possible.
- 0898 7y agoMatt Levine is my favourite writer at the moment. I love his simple, whimsical style.
- rorykoehler 7y agoI know someone who used to work there and their department was continually being downsized with rumours circling of complete shutdown even 3 years ago.