Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

217 jobs
Number of planned job losses
Job loss
Announcement Date
27 June 2003
Employment effect (start)
Foreseen end date
1 December 2003

Description

A restructuring plan was announced earlier, concerning 200 jobs. This time 217 more jobs will be shed in 2003 (mostly in the Corporate Banking division).


Sources

  • 26 June 2003: BHF-Bank - Press release
  • 27 June 2003: De FinanciĆ«le Telegraaf

Citation

Eurofound (2003), ING BHF-Bank, Internal restructuring in Germany, factsheet number 59889, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59889.