Internal restructuring
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

203 - 303 jobs
Number of planned job losses
Job loss
Announcement Date
20 March 2003
Employment effect (start)
1 March 2003
Foreseen end date


ABN Amro employs 33,000 people in the Netherlands, 2,500 in the ICT department which is to be restructured. This plan is a consequence of the worldwide restructuring plan launched in 2001. There will be no direct dismissals, the 203 jobs from the ICT division will move inside the company.

December 2003. ABN Amro is studying the possibility of outsourcing some of its activities based in the Netherlands to countries with lower wages. Unions fear the loss of hundreds of jobs.

January 2004. Some 100 jobs will be axed in the internal control service which has to be centralised to be more efficient.


  • 19 January 2004: De FinanciĆ«le Telegraaf
  • 20 March 2003: De FinancieĆ«le Telegraaf
  • 2 December 2003: De Volkskrant
  • 2 December 2003: Business News (www.businessnews.nl)


Eurofound (2003), ABN Amro, Internal restructuring in Netherlands, factsheet number 59703, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59703.