Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Danish Saxo Bank announced the dismissal of 168 employees at the bank's Danish headquarters in Hellerup outside Copenhagen. According to a press release the cuts are due to a slowdown of trading in the financial markets.
As part of a global restructuring programme, Saxo Bank will dismiss 266 of its 1,517 employees worldwide.
Eurofound (2012), Saxo Bank, Internal restructuring in Denmark, factsheet number 74579, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74579.