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Norwegian Major Bank Cuts Back – 500 Jobs Lost
The Norwegian major bank DNB Bank has, after a strategic review, decided to reduce the workforce to cut costs. "The goal is a reduction of the number of employees by approximately 500 full-time equivalents over the next six months", writes DNB in a press release.
Strength signal from Norwegian major bank
The Norwegian major bank DNB is feeling the morning air. The profit increased in the second quarter and the bank sees a positive trend in all customer segments, including rising housing prices, more seeking mortgages and higher real wages among Norwegian households.
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