Nordea plans to reduce its workforce by approximately 1,500 employees, according to the bank's press release. The cuts will occur during the period 2026-2027. The decision is reportedly linked to the bank's goal of achieving annual cost savings of at least 600 million euros by 2030, which was communicated during its capital markets day in November of last year.
Nordea to cut 1,500 jobs in 2026-2027
Key Points
- Nordea will cut around 1,500 jobs.
- The reductions are scheduled for 2026-2027.
- The move aims for annual savings of at least 600 million euros by 2030.
Transparency
How we verified this article
HighBased on 15 sources
15 sources1 Involved