© Reuters. File photo: The company logo was taken at the Commerzbank headquarters in Frankfurt, Germany on February 13, 2020. REUTERS / Ralph Orlowski / File Photo
FRANKFURT (Reuters)-Commerzbank (DE:) said on Friday that it has made progress in its efforts to lay off 10,000 employees after concluding negotiations with employee representatives.
“We have taken an important step forward,” said Managing Director Manfred Knof.