ABN Amro

Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
400 jobs
Number of planned job losses
Job loss
Announcement Date
29 April 2003
Employment effect (start)
Foreseen end date
1 December 2004

Description

The french restructuring of ABN Amro is part of the worldwide restructuring plan. This restructuring plan is due to big losses of the group worldwide. IN France, 400 jobs will be dismissed for a total cost of 75 millions euros.

Sources

  • 29 April 2003: Les Echos

Citation

Eurofound (2003), ABN Amro, Internal restructuring in France, factsheet number 59091, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59091.