Internal restructuring
European Union
Location of affected unit(s)
Belgium, France, Luxembourg
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

602 jobs
Number of planned job losses
Job loss
Announcement Date
25 September 2009
Employment effect (start)
1 October 2009
Foreseen end date
31 December 2011


The bank Dexia is about to cut 602 jobs in Belgium (445), Luxembourg (143) and France (14). This restructuring process is part of a bigger plan that would save EUR 600 million by 2011. The bank intends to focus on its core activities such as retail banking and insurances, and improve the efficiency of its diverse departments. Dexia was severely affected by the financial crisis.


  • 26 September 2009: La Libre Belgique


Eurofound (2009), Dexia, Internal restructuring in European Union, factsheet number 69591, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69591.