LONDON: Deutsche Bank's Staff In Tears After German Firm Announced It Would Cut 18,000 Jobs Worldwide

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.