Financial and insurance activities
65 - Insurance, reinsurance and pension funding, except compulsory social security
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Foreseen End Date:
Dutch based ING announced it will cut 2,350 jobs, both in the insurance division (Nationale Nederlanden, 1,350 jobs) and in the banking division (1,000 jobs). The majority of the job losses will take place in the Netherlands (1400).
Background is a sharp decline in the sale of life insurance products, especially in the Benelux countries.
08-11-2012Het Financieele Dagblad
07-11-2012ING (Press release)