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Brexit - Where everyone is going

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    #31
    Originally posted by Flashman View Post
    London EC2 it seems

    "Deutsche Bank has committed to moving to a new office in London, at a time when banks are assessing their place in the capital ahead of Brexit. "

    Sorry for posting actual news
    ....the reason Deutsche bank have committed to a new office is because they're closing their 15 other London offices, and moving most of their staff to Frankfurt. The remnants of their London staff will be consolidated in their London EC2 office.

    Deutsche Bank to move 4000 jobs to Frankfurt

    When you are shrinking your workforce by such a considerable amount it doesn't make sense to have so many offices.
    Last edited by BlasterBates; 28 May 2017, 11:29.
    I'm alright Jack

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      #32
      Originally posted by BlasterBates View Post
      ....the reason Deutsche bank have committed to a new office is because they're closing their 15 other London offices, and moving most of their staff to Frankfurt. The remnants of their London staff will be consolidated in their London EC2 office.

      Deutsche Bank to move 4000 jobs to Frankfurt

      When you are shrinking your workforce by such a considerable amount it doesn't make sense to have so many offices.
      Presumably these are low paid jobs subsidised by working tax credits that do not support many other jobs in the economy?

      Comment


        #33
        Originally posted by BlasterBates View Post
        ....the reason Deutsche bank have committed to a new office is because they're closing their 15 other London offices, and moving most of their staff to Frankfurt. The remnants of their London staff will be consolidated in their London EC2 office.

        Deutsche Bank to move 4000 jobs to Frankfurt

        When you are shrinking your workforce by such a considerable amount it doesn't make sense to have so many offices.
        My inbox/Linkedin/Xing are full of mails from recruiters looking for people in banking in Frankfurt recently and not just IT.
        Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.

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