CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Goldman’s chief executive officer said last year that his firm’s stock-trading unit had three people doing the job once done by 500 Tue Jul 09, 2019 9:03 pm | |
| ... Many leaving Deutsche Bank will find it harder to locate their next position. Thousands of the cuts are in the equities trading business Deutsche Bank is eliminating -- and that’s an area hit particularly hard by automation. For example, Goldman’s chief executive officer said last year that his firm’s stock-trading unit had three people doing the job once done by 500.
https://www.bloomberg.com/news/articles/2019-07-08/deutsche-bank-job-cuts-leave-thousands-chasing-limited-openings |
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