HLSE:NDA FIBanks
Nordea Job Cuts Signal Long Term AI Driven Cost And Earnings Shift
Nordea Bank Abp plans to cut up to 1,500 jobs, around 5% of its workforce, as part of a restructuring tied to a shift toward AI, technology and data.
The company expects to record restructuring charges as it reshapes its operations around its 2030 plan.
The move signals a major change in how HLSE:NDA FI intends to run its core banking activities and support functions.
Nordea Bank Abp, trading as HLSE:NDA FI, enters this transition with its shares at €15.62. The stock has returned 30.9% over...