Bloomberg News

Rabobank to Cut More Than 1,000 Jobs Next Year, FD Says

September 28, 2011

Sept. 28 (Bloomberg) -- Rabobank Group plans to cut more than 1,000 jobs next year at its 140 local branches, Het Financieele Dagblad said, citing Erwin Rog, a representative of labor union De Unie.

The measures come on top of the ongoing reorganization of its main offices in Utrecht and Eindhoven, where the Dutch bank plans to cut 1,200 of 9,000 jobs, the newspaper reports.

To contact the editor responsible for this story: Jurjen van de Pol at jvandepol@bloomberg.net


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