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

70 jobs
Number of planned job losses
Job loss
Announcement Date
15 April 2005
Employment effect (start)
Foreseen end date


On 15 April 2005, the Belgian subsidiary of Deutsche bank has announced a restructuring plan. 70 employees are to be made redundant. The redundancies should mainly affect Deutsche bank business division. Direct dismissals are not the primary measures to be implemented, even though some are likely to occur. Talks between management and union representatives are to begin in April. Deutsche Bank has a workforce of 700 in Belgium. In February 2005, a major restructuring programme was announced by the German bank with the loss of 3,300 positions worldwide.


  • 15 April 2005: Les Echos


Eurofound (2005), Deutsche Bank, Internal restructuring in Belgium, factsheet number 61485, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61485.