Danske Seen Axing at Least 1,000 Jobs in ‘Significant’ Move
Pedestrians walk past a Danske Bank A/S bank branch in Copenhagen, Denmark.
Photographer: Freya Ingrid Morales/BloombergThis article is for subscribers only.
Danske Bank A/S may need to cut at least 1,000 jobs if it’s to meet its latest cost goals, according to analysts monitoring the lender.
Danske’s chief executive, Chris Vogelzang, told Bloomberg on Friday that he’s planning “significant” staff cuts in an effort to bring expenditure under control.