[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"page:work\u002Fcollective-bargaining-agreement\u002Fupdates\u002F2016\u002Fgermany-commerzbank-restructuring-leads-to-massive-job-losses-september-30-2016":3},{"id":4,"slug":5,"title":6,"short_title":7,"intro_text":7,"meta_description":8,"seo_title":8,"path":9,"content_type":10,"locale":11,"go_live_at":7,"first_published_at":12,"page_created_at":13,"published_at":12,"edit_url":14,"breadcrumbs":15,"seo":28,"body_blocks":36,"call_to_action":42,"categories":49,"labels":50,"owner":7,"authors":51,"related_pages":52,"related_sites":53,"in_subsite":54,"contact_page_url":55,"banner_message":56},10744,"germany-commerzbank-restructuring-leads-to-massive-job-losses-september-30-2016","Germany - Commerzbank restructuring leads to massive job losses - September 30, 2016",null,"","\u002Fwork\u002Fcollective-bargaining-agreement\u002Fupdates\u002F2016\u002Fgermany-commerzbank-restructuring-leads-to-massive-job-losses-september-30-2016","pages.newspage","en","1969-12-30T23:00:00+00:00","2025-12-15T15:21:07.392853+00:00","\u002Fcms\u002Fpages\u002F10744\u002Fedit\u002F",[16,19,22,25,27],{"title":17,"slug":18},"World of Work","work",{"title":20,"slug":21},"Collective Bargaining Agreement","collective-bargaining-agreement",{"title":23,"slug":24},"Collective Bargaining Updates","updates",{"title":26,"slug":26},"2016",{"title":6,"slug":5},{"title":6,"description":8,"image":29,"canonical":30,"robots":31,"og_type":32,"twitter_card":33,"locale":11,"created_at":34,"last_modified_at":35},"https:\u002F\u002Fwageindicator.org\u002Fmedia\u002Fimages\u002FSocial_media_preview_image_-_2025.2e16d0ba.fill-1200x630.png","https:\u002F\u002Fwageindicator.org\u002Fwork\u002Fcollective-bargaining-agreement\u002Fupdates\u002F2016\u002Fgermany-commerzbank-restructuring-leads-to-massive-job-losses-september-30-2016\u002F","index, follow","website","summary_large_image","1969-12-31T00:00:00+01:00","2025-12-26T22:29:33.774886+01:00",[37],{"type":38,"data":39},"raw_html_block",{"content":40,"variant":41},"\u003Cp>Negotiations have not yet started, but it is clear that an announced restructuring at Commerzbank will lead to massive job losses. The country’s second-largest lender would need to shed some extra 5,000 positions, a 10-percent reduction in the lender's overall workforce of roughly 50,000. It said the proposed cuts would mainly hit administrative and managerial workers. Earlier this month a trade union representative in the bank’s board had qualified the idea that Commerzbank and Deutsche Bank better could merge ‘absurd’.\u003C\u002Fp>\n\u003Cp>English: \u003Ca href=\"http:\u002F\u002Fwww.dw.com\u002Fen\u002Fgermanys-commerzbank-facing-massive-job-cuts\u002Fa-19570803\">http:\u002F\u002Fwww.dw.com\u002Fen\u002Fgermanys-commerzbank-facing-massive-job-cuts … \u003C\u002Fa> \u003C\u002Fp>\n\u003Cp class=\"CM3\">\u003Cspan class=\"discreet\">\u003Cspan color=\"#666666\" size=\"2\">For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) \u003C\u002Fspan>\u003Ca href=\"mailto:cbn-aias@uva.nl\">\u003Cspan color=\"#0567d1\" size=\"2\">cbn-aias@uva.nl\u003C\u002Fspan>\u003C\u002Fa>\u003Cspan color=\"#666666\" size=\"2\"> or the communications officer at the ETUI, Willy De Backer \u003C\u002Fspan>\u003Ca href=\"mailto:wdebacker@etui.org\">\u003Cspan color=\"#0567d1\" size=\"2\">wdebacker@etui.org\u003C\u002Fspan>\u003C\u002Fa>\u003Cspan color=\"#666666\" size=\"2\">. For previous issues of the \u003C\u002Fspan>\u003Ci>\u003Cspan color=\"#666666\" size=\"2\">Collective bargaining newsletter\u003C\u002Fspan>\u003C\u002Fi>\u003Cspan color=\"#666666\" size=\"2\"> please visit \u003C\u002Fspan>\u003Ca href=\"http:\u002F\u002Fwww.etui.org\u002FE-Newsletters\u002FCollective-bargaining-newsletter\">\u003Cspan color=\"#0567d1\" size=\"2\">http:\u002F\u002Fwww.etui.org\u002FE-Newsletters\u002FCollective-bargaining-newsletter\u003C\u002Fspan>\u003C\u002Fa>\u003Cspan color=\"#666666\" size=\"2\">. Since June 2013 readers can consult our archive and search through all articles in our database at \u003Ca href=\"http:\u002F\u002Fwww.cbnarchive.eu\u002F\">www.cbnarchive.eu\u003C\u002Fa>. \u003C\u002Fspan>\u003C\u002Fspan>\u003Cspan class=\"discreet\">\u003Cspan color=\"#666666\" size=\"2\">You may find further information on the ETUI at \u003C\u002Fspan>\u003Ca href=\"http:\u002F\u002Fwww.etui.org\u002F\">\u003Cspan color=\"#0567d1\" size=\"2\">www.etui.org\u003C\u002Fspan>\u003C\u002Fa>\u003Cspan color=\"#666666\" size=\"2\">, and on the AIAS at \u003C\u002Fspan>\u003Ca href=\"http:\u002F\u002Fwww.uva-aias.net\u002F\">\u003Cspan color=\"#0567d1\" size=\"2\">www.uva-aias.net\u003C\u002Fspan>\u003C\u002Fa>\u003Cspan color=\"#666666\" size=\"2\">.\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"CM3\">\u003Cspan class=\"discreet\">\u003Cspan color=\"#666666\" size=\"2\">© ETUI aisbl, Brussels 2016. All rights reserved. We encourage the distribution of this newsletter and of the information it contains, for non-commercial purposes and provided the source is credited. The ETUI is not responsible for the content of external internet sites. The ETUI is financially supported by the European Union. The European Union is not responsible for any use made of the information contained in this publication. \u003Cbr\u002F> This email is sent from \u003Ca href=\"http:\u002F\u002Fwww.etui.org\u002F\">www.etui.org\u003C\u002Fa>.\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>","light",{"text":43,"link":44},"Contact us",{"title":43,"url":45,"description":43,"rel":46,"type":47,"id":48},"\u002Fabout\u002Fcontact","follow","internal",24590,[],[],[],[],[],false,"\u002Fwork\u002Fliving-wages\u002Fcontact-us","\u003Cp>Welcome to WageIndicator. Same organisation, same information, new look!\u003C\u002Fp>"]