ING to cut another 2,400 Benelux jobs
Photo: Reuters
Dutch banking and insurance group ING said another 2,400 jobs would go in the Netherlands and Belgium, as it prepares to separate its banking and insurance operations against a backdrop of tough financial markets. The latest round of layoffs at ING follows a similar announcement in November and brings the cuts in the past 15 months to 7,500 of the group’s total headcount at the end of December. ING yesterday reported a lower-than-expected fourth-quarter net profit of €1.43 billion.
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Jonathan Camilleri
Feb 16th, 09:07
According to Dr. Gonzi the insurance industry will boom, if I remember well. I just don't see it..
Please choose the reason of your report below: