EMCC European Monitoring Centre on Change

Dresdner Bank

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.