⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
The BayernLB subsidiary DKB aims to reduce costs and is considering job cuts despite achieving its best financial results. DKB's CEO, Stefan Unterlandstättner, announced a new efficiency and transformation program targeting a €100 million reduction in annual expenses by 2025. This initiative is designed to maintain administrative expenses at around €800 million in the coming years, despite inherent cost increases. As part of this program, job cuts are expected to reach triple digits according to Unterlandstättner.