Getin Noble Bank to lay off 400 employers
June 26, 2014
Getin Noble Bank plans to cut employment by some 400 in Q3 as an effect of restructuring of low profitability sales channels and in response to a changing model of distribution channels, the bank said in a statement.
The bank expects its operating costs to drop by PLN 30 million annually after the lay-offs. The bank aims at improvement of the cost to income ratio, which amounted to 46.6% at the end of 2013.