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DNB Bank to Cut 400 Full-time Technology, Services Roles

MT Newswires·10/06/2026 03:42:46
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03:42 AM EDT, 10/06/2026 (MT Newswires) -- DNB Bank (DNB.OL) is planning to cut 400 full-time equivalent roles as part of the comprehensive restructuring of its technology and services business. The Norwegian financial services group said Tuesday that the workforce reduction will be carried out in close discussions with employee representatives in line with applicable regulations. Completion is expected in the fourth quarter of 2026, with related impacts expected by the second quarter of 2027.