At least 1,000 employees have already left the bank since
"We need to adapt to the structural changes that the financial sector is experiencing, and to remain competitive in a low-margin and highly competitive market, we simply have to reduce our costs,"
Some of the cuts, which will affect most departments across
Danske employs more than 22,000, with 11,000 in
"Together with the existing hiring freeze, we hope that it can help reduce the number of actual layoffs at a later time,"
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