EMCC European Monitoring Centre on Change

ING BHF-Bank

Company/Organisation:
ING BHF-Bank

Geographic Location

Country: Germany

Company

Sector: Financial services
Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
Number Employed: 2600
Group: ING

Employment Effects

Announcement Date: 27-06-2003
Planned Job Reductions min: 217
Planned Job Reductions max: 217
Type of Restructuring: Internal restructuring
Foreseen End Date: 01-12-2003

Additional Information

A restructuring plan was announced earlier, concerning 200 jobs. This time 217 more jobs will be shed in 2003 (mostly in the Corporate Banking division).