ABN Amro Lays Off 600 IT Staff As Part of Restructuring Program
FRONT PAGE NEWS
LONDON--ABN Amro is laying off 600 IT staff, all in the Netherlands, as part of its latest restructuring program, which involves combining its investment and corporate banking units.
This phase of the restructuring only addresses the duplication of staff in Amsterdam on the wholesale banking side, which occurred after the merger of the two business units. More layoffs could follow. "There is a lot of scope for rationalizing the support functions globally," says a spokesperson for ABN Amro.
Aroun
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com