Staff at Deutsche Bank's London office were told to clear their desks by 11am today after the struggling German firm revealed it would cut 18,000 jobs globally by 2022. Tearful workers were told to pack up their belongings just hours after the major restructuring was announced by the firm, which employs 8,000 people in the UK. In some cases, staff were told that their building passes would be deactivated by the afternoon, with some seen crying as they left the office with boxes and bags (left). Other employees were pictured on the steps of the office taking in a huge delivery of about 15 pizzas at lunchtime from a motorcyclist (right). Yesterday, the Frankfurt-headquartered bank said the mass layoffs would reduce its annual costs by £5.4billion. The 91,500 employees are set to be cut by just over 20 per cent, to 74,000, in an unprecedented round of departures for Deutsche.
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