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.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64.19 - Other monetary intermediation
700 jobs Number of planned job losses
Announcement Date
24 October 2013
Employment effect (start)
24 October 2013
Foreseen end date
31 December 2014
Description
Nova ljubljanska banka (NLB), the largest Slovenian bank will lay off 444 employees by the end of June 2014. The measure is due to the economic recession and the consequent increase of clients debts: the bank needs consequently both additional capital and a thorough restructuring.
Update, 23-10-2013: According to new sources, more severe job dismissals are to be implemented as previously announced. By the end of 2014, the bank is to reduce its staff by 700 workers.
228 working positions are to be cut by the end of 2013. 80 workers were already dismissed on 22 October, and the remaining 148 positions are cut through non-replacement of retiring workers. In 2014, the workforce is to be reduced by another 472 positions.
Sources
24 October 2013: Delo
25 October 2013: 24ur
23 October 2013: NLP (press release)
30 August 2013: Delo
Citation
Eurofound (2013), Nova ljubljanska banka (NLB), Internal restructuring in Slovenia, factsheet number 75802, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75802.
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