Internal restructuring
Location of affected unit(s)
Asia, USA, Europe, Dubai
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

250 jobs
Number of planned job losses
Job loss
Announcement Date
8 August 2018
Employment effect (start)
31 August 2018
Foreseen end date
31 August 2020


Dutch bank ABN Amro has announced to cut 250 jobs in its corporate and investment bank on a total workforce of 2,571 employees worldwide. The reorganisation is part of a cost saving plan including a reduction of the risk-weighted assets in the corporate and investment unit by €5 billion to €34 billion over two years. According to the chief-financial officer, the job cuts would fall across the bank’s operations in Europe, Asia and the USA. The bank is also closing its Dubai office as part of a restructuring of its diamonds and jewellery trading activities.



Eurofound (2018), ABN Amro, Internal restructuring in World, factsheet number 94804, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94804.