Dresdner Bank

Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
7,800 jobs
Number of planned job losses
Job loss
Announcement Date
24 May 2002
Employment effect (start)
Foreseen end date
3 December 2002

Description

Half of redundancies had already been implemented. 1400 out of 7800 jobs are threatened in the Investment bank division. More redundancies are expected.

Citation

Eurofound (2002), Dresdner Bank, Internal restructuring in European Union, factsheet number 60216, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60216.