Restructuring events
European Restructuring Monitor (ERM)
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.
Danske Bank, Denmark’s largest lender, has announced that it plans to cut 420 jobs worldwide.
Significant reductions are expected at its service hub in Lithuania with 114 job cuts: Danske Bank 2026 - LT, while about 230 roles will be cut in Denmark Danske Bank 2026-DK . The layoffs will also occur in Finland, Norway, Sweden, Poland, and Northern Ireland. The layoffs primarily target back-office staff and support functions rather than customer-facing roles.
According to the bank, these organizational changes are part of ongoing adjustments aimed at strengthening digital capabilities, streamlining internal processes, and ensuring the organisation remains aligned with evolving customer needs across markets.
Headquartered in Copenhagen, Danske Bank is a major Nordic retail bank, employing over 21,400 people worldwide.
Eurofound (2026), Danske Bank, Internal restructuring in World, factsheet number 204362, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204362.
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