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
150 - 250 jobs Number of planned job losses
Announcement Date
22 September 2011
Employment effect (start)
1 October 2011
Foreseen end date
1 December 2012
Description
The Danish bank, Jyske Bank, announced 22 September that 250 jobs will be terminated before the end of 2012. 150 employees had to leave the bank immediately. Six branch offices in Jutland will be closed. The management hopes that the remaining redundancies will take place through natural wastage in 2012. According to the bank negotiations with the Financial Services Union have taken place with the aim to mitigate the effects of the dismissals.
Sources
22 September 2011: Ritzaus Bureau
23 September 2011: Børsen
Citation
Eurofound (2011), Jyske bank, Internal restructuring in Denmark, factsheet number 72459, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72459.
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