According to the group, these changes “reflect our ongoing efforts to adapt the organization to the strategy and remain a competitive, customer-oriented bank in a rapidly changing market.”
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By increasing investments in strategic growth areas and new competencies, the group is adjusting the organization in other areas due to greater automation, efficiency, simplification, and adjusted strategic priorities, which means fewer employees are needed in some parts of the organization.
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“These changes were driven by the need for faster changes and evolving competencies in the bank. Since our external environment, the financial sector, and technology are constantly changing, we continuously adapt our organization to ensure that we have the necessary competencies and required capacities. And, as we have said before, we expect that over time, as roles and needs change, the number of employees will decrease,” said Karsten Breum, HR Director of Danske Bank, quoted in the statement.
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