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Friday, 14.03.2025, 21:47
Nordea plans to cut 2,000 jobs across the region
Nina Kolyako, BC, Riga, 29.08.2011.
Print version
Print versionNordea, the largest Nordic bank, which today employs around 34,000 people, intends to cut 2,000 jobs across the region by the end of 2012 to counter the effects of rising costs, according to a statement released by the bank today.
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"To reach the anticipated cost efficiency and profitability, the required reduction of employees in 2011 and 2012 is about 2,000, of which between 500 and 650 will be in Denmark, Finland and Sweden, respectively, and between 200 and 300 in Norway," pointed out Nordea, writes LETA.
As reported, Nordea also operates in Latvia.
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