Type
Internal restructuring
Country
Denmark
Region
KĂžbenhavn og Frederiksberg kommuner;
Location of affected unit(s)
All units in Scandinavia and Finland
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.1 - Monetary intermediation

1,200 - 1,500 jobs
Number of planned job losses
Job loss
Announcement Date
22 October 2002
Employment effect (start)
Foreseen end date
1 December 2003

Description

Redundancies will take place this year and next year. So far the staff has been reduced by 400, hereof 100 in Nordea Securities.


Sources

Citation

Eurofound (2002), Nordea, Internal restructuring in Denmark, factsheet number 59314, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59314.