Bloomberg News

Danske Bank Cuts 2,000 Jobs to Save 2 Billion Kroner in 3 Years

November 04, 2011

Nov. 1 (Bloomberg) -- Danske Bank A/S said it will introduce a a three-year cost-savings paln that will cut expenses by 10 percent or about 2 billion kroner in the 2012-14 period.

The plan includes a headcount reduction of about 2,000 employees over the period, DDanske said.

To contact the editor responsible for this story: Christian Wienberg at cwienberg@bloomberg.net


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