Particle.news
Download on the App Store

Deutsche Bank CEO Urges Longer Working Lives and Review of Dismissal Protections

Christian Sewing links rapid labor reforms to safeguarding investor confidence before key 2026 state elections.

Overview

  • Sewing says office-based employees should plan to work longer before retirement to bolster the labor supply.
  • He proposes re-examining dismissal-protection thresholds for higher-paid workers to increase flexibility.
  • He urges politicians to address high sick-day rates, citing Germany’s average as roughly two to three times Switzerland’s.
  • He warns that the emergence of a first AfD state premier could deter international investors and, if it enabled Bundesrat obstruction, be devastating.
  • He argues reforms must be enacted within three to five years despite short-term pain, with no government responses reported yet.