København og Frederiksberg kommuner
Location of affected unit(s):
Financial and insurance activities
64.92 - Other credit granting
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Employment Effect Start:
Foreseen End Date:
Other Job Reduction Measures:
Danish bank Nykredit is to make 300 workers redundant. This will mainly affect mid-level managers and employees at the headquarters. Staff that is in costumer care will not be cut. This is part of a large-scale savings plan.
Negotiations with labor representatives will last until 31 December. The management stated that it aims at implementing some of the cuts via natural attrition.
Updated, 26/03/2014: Following negotiations with the employee representatives it was announced that the job reduction plan refers to 220 direct redundancies and 80 job losses by means of natural attrition.