For folks here in the Northeast corridor, is this pure restructuring or something more fundamental going on in the job market ?
Almost reminds me of Lehman
It's specific to DB culture and mismanagement
It's certainly not good news but I can't say I didn't see it coming. That bank has been fucking up for years now and regularly makes $2b net loss...
From what I have heard, there is hardly any DB employee who is not thinking of a job change - it’s that bad
DB not a BB
DB is a BB... at least it was, maybe not anymore