Deutsche Bank plans to automate a 'big number' of jobs

Deutsche Bank - one of the world's largest financial institutions - is gearing up to replace a large chunk of its workforce with robots. CEO John Cryan warned today that a'big number' of people will lose their jobs at the firm as it automates to embrace its'revolutionary spirit.' The Frankfurt, Germany-based company employs 100,000 people globally, but it's unknown how many will be laid off and replaced by machines or when the overhaul will occur. Deutsche Bank - one of the world's largest financial institutions - is gearing up to replace a large chunk of its workforce with robots. A'big number' of the company's 100,000 employees will be replaced by machines Deutsche Bank - one of the world's largest financial institutions - is gearing up to replace a'big number' of its 100,000 employees with robots.