Fortis says no forced job losses at ABN Amro

Fortis has confirmed that there will be no compulsory redundancies at ABN Amro’s Dutch operations if the consortium which wants to take over ABN Amro succeeds.

Fortis CEO Jean-Paul Votron said last week that no jobs would be forcibly cut but the unions feared he might have retracted the statement.
‘We are extremely pleased with this commitment,’ a spokesman for banking union De Unie said. Fortis will cut 7,500 jobs by offering redundancy deals and alternative work. ABN Amro employs 26,000 people in the Netherlands, Fortis 11,000.

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation