Company/Organisation:
Dresdner Bank
Geographic Location
Country:
European Union
Company
Sector:
Financial services
Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
Number Employed:
50000
Employment Effects
Announcement Date:
24-05-2002
Planned Job Reductions min:
7800
Planned Job Reductions max:
7800
Type of Restructuring:
Internal restructuring
Foreseen End Date:
03-12-2002
Additional Information
Half of redundancies had already been implemented. 1400 out of 7800 jobs are threatened in the Investment bank division. More redundancies are expected.