Slovenia: NLB Facing Downsizing Measures

Politics ♦ Published: January 24, 2014; 11:17 ♦ (Vindobona)

Slovenian NLB is facing severe downsizing measures. As part of the restructuring process, the country’s biggest bank has to lay off personnel.

Slovenia: NLB Facing Downsizing Measures / Picture: © NLB

As reported by the “Slovenian Times”, NLB has to lay off further personnel.As part of the restructuring plan 141 employees will be made redundant. According to the reorganization plan, which was revealed last year, a total of 700 jobs have to be cut. In 2013 already 228 members of staff were laid off. The bank intends to downsize its personnel by one fifth until the beginning of…