Nordea, a Nordic financial services group, announced on Wednesday that it expects to cut an estimated 250—300 positions in Finland this and next year as a result of the consultative negotiations it launched earlier this week. The financial services group currently employs roughly 7,700 people in Finland.
HS in English
Nordea to axe up to 300 employees
The majority of the personnel reductions can be realised through pension arrangements and other voluntary measures, Nordea estimates, pointing out that over 300 of its employees could retire this year alone.