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.
Finnish bank Aktia Bank Apt has initiated employer-employee negotiations with the aim to cut 60 positions in its sales division. The reason for the internal restructuring is changes in consumer behaviour with more customer contact taking place via electronic channels. The restructuring will cut yearly expenditure by approximately €2 million.
Update 09/02/2016:Following concluded employer-employee negotiations 55 employees are made redundant in the sales division of Aktia Bank Apt.
Eurofound (2016), Aktia Bank Apt, Internal restructuring in Finland, factsheet number 86124, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86124.