IWS Documented News INTERNATIONAL

IWS Documented News Service
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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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European Foundation for the Improvement of Living and Working Conditions (Dublin Foundation)

European Monitoring Centre on Change (EMCC)

 

EMCC case studies: Danske Bank (Denmark) [5 October 2010]

http://www.eurofound.europa.eu/publications/htmlfiles/ef1068.htm

or

http://www.eurofound.europa.eu/pubdocs/2010/68/en/1/EF1068EN.pdf

[full-text, 20 pages



Author: Juravle, Carmen; Weber; Tina

 

Summary: This case study demonstrates how Danske Bank, one of the largest banks in northern Europe, has dealt with the impact of the financial crisis. It also shows how it has coped with longer term restructuring requirements arising from rapid expansion and internationalisation of the bank, the integration of IT systems and the relatively high employment density in the sector in Denmark. As well as presenting the approach to restructuring at national level in Denmark, this case study looks at the role played by the company's relatively new European Works Council in the discussions.

CONTENTS

Introduction

Company profile

The Danish financial sector: key trends

Impact of the financial crisis

Legal context for job reduction

Collective redundancies at Danske Bank

Conclusions

Annex

References

 

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

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Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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