Deutsche Bank to offshore job to India Deutsche Bank AG is offshoring around 60 accounting jobs out of Florida to India, Bloomberg has reported, citing sources.
The move comes as part of a larger shift by the struggling German lender to move back-office staff members to lower-cost countries.
Deutsche Bank AG, which several years ago moved staff out of New York to cheaper US cities, is now shifting some of those those jobs to India.
Germany’s largest lender is relocating around 60 accounting positions to Mumbai from Jacksonville, Florida, in a bid to reduce expenses, Bloomberg reported on Friday, citing anonymous sources. This move is part of a larger shift in which the bank intends to outsource more jobs from US to India later this year