Type
Internal restructuring
Country
Denmark
Region
København og Frederiksberg kommuner;
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other Monetary Intermediation

123 jobs
Number of planned job losses
Job loss
Announcement Date
6 February 2024
Employment effect (start)
Foreseen end date

Description

Danske Bank is the largest bank in Denmark and has branches in Norway, Sweden and Finland as well as offices in other countries. The bank has announced the dismissal of 123 employees as part of their Forward ’28-strategy. The strategy entails more focus on the digital services and cutting costs in other areas at the same time. The announcement comes only a week after the company presented a big surplus in 2023. The management states that there might be job openings elsewhere in the company which some of the dismissed employees will be offered. The rest will be assisted in seeking new jobs elsewhere.


Sources

Citation

Eurofound (2024), Danske Bank, Internal restructuring in Denmark, factsheet number 200756, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200756.