Danske Bank is reducing its workforce by a total of 262 positions, according to a press release. The majority of the layoffs will occur in Denmark, where 199 roles are being eliminated, while the remainder will affect operations in Sweden, Finland, Norway, Lithuania, Poland, and the United Kingdom.
According to the bank, these changes are linked to increased automation, efficiency gains, and evolving skill requirements.
Danske Bank simultaneously stated that investments will continue in strategic growth areas and the acquisition of new expertise.
Danske Bank A/S is Denmark's leading bank. The activity is organized around four areas:
- retail banking;
- market and investment banking: financial brokerage, merger-acquisition consulting, portfolio management, etc.;
- insurance (Danica Pension): mainly life insurance and pension fund management;
- other: primarily management of investment funds and asset management.
At the end of 2025, the group managed DKK 1,244.6 billion in current deposits and DKK 1,060.9 billion in current loans.
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