What are your thoughts on Germany's 2nd largest bank #Commerzbank's http://oracle.skilledtests.com/url/6066 (founded in #1870) decision to fire 11.5% of their workers (=5200 people) in the next 3.5 years ?

What are your thoughts on Germany's 2nd largest bank #Commerzbank's http://oracle.skilledtests.com/url/6066 (founded in #1870) decision to fire 11.5% of their workers (=5200 people) in the next 3.5 years ?