Monday, October 11, 2010

[IWS] EMCC CASE STUDY--DANSKE BANK (Denmark) [5 October 2010]

IWS Documented News Service
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


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]


[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.



Company profile

The Danish financial sector: key trends

Impact of the financial crisis

Legal context for job reduction

Collective redundancies at Danske Bank






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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                        
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