Deutsche Bank Shares Plummet After Announcing 18,000 Job Cuts
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Following Deutsche Bank's announcement of plans to cut 18,000 jobs by 2022, the German bank's share price plummeted. On Tuesday (July 9th), Deutsche Bank's share price fell by 5.05% to €6.445 per share.
From July 1st to 5th, 2019, Deutsche Bank's stock showed a positive trend. The stock reached its highest point on Friday (July 5th), after rising 2.47% to €7.715 per share. However, the company's share price fell significantly by 5.36% to €6.788 per share on Monday (July 8th).
(Read Databoks: [How is Deutsche Bank's Financial Performance After Cutting 18,000 Employees?](https://databoks.katadata.co.id/datapublish/2019/07/09/bagaimana-kinerja-keuangan-deutsche-bank))
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