EMCC European Monitoring Centre on Change



Geographic Location

Country: European Union
Location of affected unit(s): Belgium, Netherlands and Luxembourg


Sector: Financial services
Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
Group: Fortis

Employment Effects

Announcement Date: 29-08-2003
Planned Job Reductions min: 200
Planned Job Reductions max: 200
Type of Restructuring: Internal restructuring

Additional Information

The Fortis group announced a restructuring plan affecting 200 workers and the closure of 500 agencies in the Benelux (Belgium, Netherlands and Luxembourg).