US EditionDanske Bank Cuts Hundreds of Jobs to Add to Danish Layoff Wave
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7 Articles
Danske Bank cuts 230 jobs in Denmark - The Copenhagen Post
Danske Bank has cut 420 positions across the bank, with 230 employees laid off in Denmark and 114 in Lithuania. The reductions, which also occurred to a lesser extent in other European countries, result from increased automation and simplification aimed at making the bank more digital and efficient. The cuts primarily affect roles without direct […]
The Lithuanian branch of Danish capital Danske Bank is updating the structure of some global teams and eliminating 114 positions - about 2% of the jobs created here.
Danske Bank lays off over 400 employeesDanske Bank announced that on Thursday the bank has cut 420 positions across the bank, which has primarily affected employees in Denmark and Lithuania. The bank states that
Denmark’s largest financial institution has implemented a further staff cut of 420 jobs in seven countries, in a decision that the management itself links to automation and internal simplification. The measure mainly impacts Denmark (230 layoffs) and Lithuania (114), with the rest distributed between Finland, Norway, Sweden, Poland and Northern Ireland. According to the bank, these are “support function” posts, without direct contact with custom…
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