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

445 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


Dexia bank announced the cutting of 445 jobs in Belgium. This plan is part of a bigger restructuring process that will concern jobs in France and Luxembourg too. The bank that was severely hit by the financial crisis intends to save 600 million euros until 2011 and improve the efficiency of its different departments. In Belgium, the management intends to discuss with the trade unions in order to avoid direct dismissals as much as possible and to promote early retirements and other job reduction measures. link to earlier fact sheet http://www.eurofound.europa.eu/emcc/erm/factsheets/12614


  • 26 September 2009: La Libre Belgique


Eurofound (2009), Dexia, Internal restructuring in Belgium, factsheet number 69592, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69592.