The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64.19 - Other monetary intermediation
75 jobs Number of planned job losses
Announcement Date
26 January 2021
Employment effect (start)
26 January 2021
Foreseen end date
26 May 2021
Description
The Danish bank Vestjysk Bank announced the dismissal of 75 employees. The internal restructuring is due to the merger with Den Jyske Sparekasse.
Among the affected employees, 27 accepted a voluntary dismissal. The company expressed its willingness to do its best to help the dismissed employees finding new jobs. It also appreciated the good dialogue it had with managers, employees, and shop stewards.
After the merger and restructuring, Vestjysk Bank now has 660 employees.
Eurofound (2021), Vestjysk Bank, Merger/Acquisition in Denmark, factsheet number 104749, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104749.
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