Internal restructuring
European Union
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

230 jobs
Number of planned job losses
Job loss
Announcement Date
14 September 2011
Employment effect (start)
14 September 2011
Foreseen end date


Nomura, the biggest Japanese investment bank, cuts 230 full-time jobs in Europe as a part of a worldwide restructuring programme affecting in total 380 employees. Most lay-offs will take place in the wholesale division. By restructuring, Nomura is aiming for a yearly cost reduction of JPY 30 billion in its wholesale division abroad.

The bank employs currently 27,000 people worldwide, of which 4,500 work in European branches. In 2008, the company acquired the non-US operations of Lehman Brothers, aiming to become a global investment banking group.


  • 14 September 2011: Financial Times


Eurofound (2011), Nomura, Internal restructuring in European Union, factsheet number 72370, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72370.