Slovenia: NLB to Fire Workstaff

Politics ♦ Published: May 10, 2013; 12:22 ♦ (Vindobona)

Slovenia's biggest bank, NLB, is to make up to 700 of its workstaff redundant.

Slovenia: NLB to Fire Workstaff / Picture: © NLB

Slovenia's biggest bank, NLB, is to sack between 650 and 700 of its employees and shut down one third of its offices, news agencies reported on Wednesday citing the management's proposal for a reorganization , as cited by Slovenia Times.

According to the document obtained by the media radical cuts will be needed for the bank to survive without a new injection of the taxpayer's…