FINLAND - Evli Bank is to cut its staff compliment by 50. Since the end of 2000, Evli Group turnover has fallen by 47% and profit has declined by 82%.
The Group initially estimated at the beginning of employee negotiations that 70 jobs would have to be cut. In addition to the personnel cuts, Evli has decided to close down its San Francisco off...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date