Friesland Bank

Type
Internal restructuring
Country
Netherlands
Region
Noord-Nederland;
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
250 jobs
Number of planned job losses
Job loss
Announcement Date
9 April 2009
Employment effect (start)
10 April 2009
Foreseen end date
31 December 2010

Description

On 9 April 2009 Friesland Bank announced that it will cut 250 jobs out of a total of 250 until the end of 2010. Eight smaller bank offices in the northern part of the Netherlands will be closed. The remainder of the jobs will be cut in the back office.

Sources

  • 10 April 2009: Het Financieele Dagblad
  • 10 April 2009: NRC Handelsblad
  • 9 April 2009: NRC Handelsblad
  • 8 April 2009: Het Financieele Dagblad

Citation

Eurofound (2009), Friesland Bank, Internal restructuring in Netherlands, factsheet number 68726, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68726.