Category: Jobs / Money
Swedbank cuts Luxembourg jobs
06/02/2012, by Simon Larosche
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15 of 54 current employees at Swedish bank to lose job

Trade union OGBL announced on Monday that Swedish banking group Swedbank will cut jobs in a restructuring move that will lead to a reduction of fixed costs.
Swedbank, which is based in Luxembourg since 1973, will cut 15 of its current 54 jobs. The move is to take place in April and May 2012.


On 9 February, OGBL and Swedbank will start negotiations on leaving conditions for the 15 affected employees.

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