Finland Times

Wednesday, 28 October, 2020
Home BUSINESSS-Bank to cut 80 jobs
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Fri, 30 Oct, 2015 12:06:38 AM
FTimes – STT Report, Oct 30
 
File Photo – Lehtikuva.
The S-Bank has begun statutory negotiations with a view to cut around 80 jobs, the redundancies aimed at reducing overlaps and improving efficiency.
 
The negotiations cover around 500 S-Bank employees. Banking employees working in S-Group outlets who are on cooperative payroll are not involved in the co-determination talks.
 
S-Bank and LähiTapiola Bank merged in May last year. The banking systems have now been com-bined and S-Bank hopes to save annually at least euro 10 million in cost cuts and from overlapping.
 
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