Type
Internal restructuring
Country
Finland
Region
Manner-Suomi;
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.11 - Central banking

150 jobs
Number of planned job losses
Job loss
Announcement Date
25 March 2009
Employment effect (start)
Foreseen end date

Description

The bank of Nordea Suomi is starting personnel negotiations and planning to cut 150 jobs in its units in Finland.

According to Trade Union Suora there is no financial or productivity reasons for the planned reductions. Nordea employs total of 9000 employees in its 345 units in Finland. HR Manager Pekka Ojala from Nordea only comments: "the final decisions concerning reductions will clarify during the personnel negotiations".


Sources

  • 25 March 2009: www.taloussanomat.fi

Citation

Eurofound (2009), Nordea, Internal restructuring in Finland, factsheet number 68824, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68824.