Type
Internal restructuring
Country
Denmark
Region
KĂžbenhavn og Frederiksberg kommuner;
Location of affected unit(s)
Copenhagen
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation

220 jobs
Number of planned job losses
Job loss
Announcement Date
11 August 2009
Employment effect (start)
11 September 2009
Foreseen end date
28 February 2010

Description

220 jobs will be eliminated at the Danske Bank headquarters in Copenhagen, due to a merger of the business and financial advisory departments. Danske Bank, which has been greatly affected since the beginning of the global financial crisis, made the announcement on August 11, 2009.


Sources

Citation

Eurofound (2009), Danske Bank, Internal restructuring in Denmark, factsheet number 69425, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69425.