ABN Amro May Cut 15% of Clearing Unit Jobs in Reorganization
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ABN Amro Group NV, the Dutch lender nationalized in 2008, said it may cut about 15 percent of jobs at the firm’s clearing unit amid an overhaul.
“About 60 full time jobs out of 395 are in scope in this reorganization,” said Jeroen van Maarschalkerweerd, a spokesman for the Amsterdam-based bank. The cuts are a part of the integration of former Fortis and ABN units following their takeover by the Dutch state and also fit in with a group-wide program to increase efficiency, he said.