Internal restructuring
Bayern; Oberbayern; Garmisch-Partenkirchen
Location of affected unit(s)
Weilheim, Schongau, Penzberg, Peißenberg, Murnau
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation

50 jobs
Number of planned job losses
Job loss
Announcement Date
21 July 2017
Employment effect (start)
21 July 2017
Foreseen end date
21 July 2022


On 21 July 2017, German savings bank Sparkasse Oberland announced it will cut 50 full time positions within the next five years. The job cuts will be implemented in a socially acceptable manner such as natural fluctuation, partial retirement and retirement. The management confirmed it would avoid direct dismissals.

Mainly affected will be the sites in Weilheim, Schongau, Penzberg, Peißenberg and Murnau.

Sparkasse Oberland was created by the merger of Kreissparkasse Schongau and Vereinigten Sparkassen Weilheim in 2016.

As of July 2017, Sparkasse Oberland employs 500 members of staff, of which 385 are in full time positions.


  • 21 July 2017: Merkur Online
  • 17 October 2015: ovb-online.de


Eurofound (2017), Sparkasse Oberland, Internal restructuring in Germany, factsheet number 91660, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91660.