Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul

FILE PHOTO: The Deutsche Bank headquarters are seen in Frankfurt, Germany October 29, 2015. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) РDeutsche Bank (DBKGn.DE) plans to cut 18,000 jobs in a sweeping, 7.4 billion euro overhaul designed to turn around Germany’s struggling flagship lender The bank will also scrap its global Continue Reading

Foxconn announces leadership overhaul as chairman seeks Taiwan presidency

Foxconn Technology Group founder and chairman, Terry Gou, speaks during a news conference after his trip to the U.S., in Taipei, Taiwan May 6, 2019. REUTERS/Tyrone Siu TAIPEI (Reuters) – Apple supplier Foxconn on Tuesday announced a plan to overhaul its leadership structure in a move to allow more senior Continue Reading

Union Pacific operational overhaul gains traction, shares rise

(This April 18 story corrects to show operating ratio declined, error also occurred in previous updates) FILE PHOTO: A Union Pacific rail car is parked at a Burlington National Santa Fe (BNSF) train yard in Seattle, Washington, U.S., February 10, 2017. REUTERS/Chris Helgren By Lisa Baertlein and Rachit Vats (Reuters) Continue Reading