Pandemic to Cut Thousands of Banking Jobs in Frankfurt: study

Pandemic to Cut Thousands of Banking Jobs in Frankfurt: study

Frankfurt am Main, Oct 21 (AFP/APP): Frankfurt’s banking sector is set to lose thousands of jobs as a result of the coronavirus pandemic even as it tries to attract bankers fleeing Brexit, a study said Wednesday.

Frankfurt-based Helaba bank said that it expects there will be some 62,700 bank employees in Frankfurt at the end of 2022, down 2,000 or about three percent from before the pandemic outbreak.

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