Sascha Uebel
Sascha Uebel serves as the Betriebsratschef (works council chief) at Commerzbank, where he plays a critical role in representing employee interests during discussions about workforce changes. Recently, he defended the bank's decision to cut jobs, asserting that such actions should not be interpreted as a sign of weakness. His comments came in response to criticism from Andrea Orcel, the CEO of Unicredit, who expressed dissatisfaction with Commerzbank's staffing reductions while also showing interest in a potential takeover of the bank.
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Italy:
Sascha Uebel is the president of the works council of Commerzbank.
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Luxembourg:
Sascha Uebel, the head of the works council, announced plans to resist Orcel's takeover efforts.
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Germany:
Sascha Uebel defends the job cuts at Commerzbank, stating they are not a sign of weakness.
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