Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
NA
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation

650 jobs
Number of planned job losses
Job loss
Announcement Date
20 August 2012
Employment effect (start)
31 March 2013
Foreseen end date
31 December 2013

Description

Norwegian-based bank DnB Nord announced plans to dismiss 650 people in Poland by the end of 2013.

The restructuring programme will be implemented in two stages: by the end of March 2013 about 300 jobs are expected to be cut. Another 350 jobs will be cut by the end of 2013.


Sources

  • 20 August 2012: Rzeczpospolita ()

Citation

Eurofound (2012), DnB Nord, Internal restructuring in Poland, factsheet number 74009, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74009.