Internal restructuring
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.9 - Other 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)
Foreseen end date


The Dutch bank ABN Amro announced that it will cut 250 jobs from its corporate and institutional banking (CIB) division, which in August 2018 employs around 2,600 people. The reduction in positions is intended to save €80 million a year. Due to increasingly strict capital requirements for banks, the CIB uses a growing share of the available capital of the bank which was no longer justified due to the relatively small share of the profit that is generated by this branch.

This reorganisation at ABN Amro comes on top of restructuring rounds announced in 2016, which across divisions will lead to an expected total number of job reductions between 2,500 and 2,900 by 2020. 



Eurofound (2018), ABN Amro, Internal restructuring in Netherlands, factsheet number 94826, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94826.