Reykjavík
11°C
E

Íslandsbanki Lays Off 20 Employees

News

Íslandsbanki Lays Off 20 Employees

Íslandsbanki

Photo: Íslandsbanki/Facebook

The Icelandic bank Íslandsbanki has laid off 20 employees, RÚV reports. This occurred in the wake of organizational changes which reduced the bank's departments by one. According to Edda Hermannsdóttir, Íslandsbanki’s director of communication, most of the employees are managers and specialists at the bank's headquarters. The organizational changes were undertaken due to rapid technological development and regulatory changes. Íslandsbanki is wholly owned by the Icelandic government.

Tags

Booking.com

Please consider supporting Iceland Review

IR Online

€3

Support

per month
IR Online

€5

Support

per month
IR Online

€10

Support

per month
IR Magazine

€55

For 6 Issues

per year

More news

Recent Views