The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64.1 - Monetary intermediation 64.19 - Other monetary intermediation
100 jobs Number of planned job losses
Announcement Date
23 October 2025
Employment effect (start)
23 October 2025
Foreseen end date
1 January 2029
Description
As announced on 23 October 2025, Germany's public development bank KfW plans to cut 100 jobs in its development finance institution division by 2029. This would represent 10% of the approximately 1,000 positions in that area. The development finance institution implements projects in developing and emerging countries on behalf of the federal government.
KfW cites declining public funding for development cooperation as the reason for the job cuts. The bank aims to become more efficient, introducing a new organisational structure, simplifying and digitalising processes.
According to KfW, there will be no compulsory redundancies; the reduction is intended to be socially responsible and carried out through natural attrition.
Eurofound (2025), KfW, Internal restructuring in Germany, factsheet number 203565, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203565.
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