Heavy Job Losses In The Auto Sector Ford To Cut 12,000 Deutsch Bank To Cut 20,000 Jobs! (Video)

Heavy Job Losses In The Auto Sector Ford To Cut 12,000 Deutsch Bank To Cut 20,000 Jobs! Video by Silver Report

economic collapse news. So deutsch bank is in the spotlight again as the word on the street is they are cutting 20,000 jobs. That includes their entire US Equities trading business. All that will be left is a hollow shell to serve high level clients. We also see that Ford has announced they plan to cut 12,000 more jobs and cut production of most cars. Things are not looking good for the auto sector… a slowdown is predicted for the next three years 2019 being the best performance of the coming auto recession. The problem is GM and Ford couldn’t hold it together in 2008 when the needed a bailout. they have been living on the bailout money all this time well it’s finally run out.


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