Royal Bank of Scotland

Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64.1 - Monetary intermediation
64.1 - Monetary intermediation
500 jobs
Number of planned job losses
Job loss
Announcement Date
2 January 2013
Employment effect (start)
1 January 2013
Foreseen end date
1 January 2014

Description

The Royal Bank of Scotland (RBS) has announced that it will cut another 500 jobs in the coming twelve months. These job losses will come on top of 400 redundancies announced in Mai 2012 (see here).

Sources

  • 2 January 2013: NRC Handelsblad

Citation

Eurofound (2013), Royal Bank of Scotland, Internal restructuring in Netherlands, factsheet number 74780, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74780.