May 28 (Reuters) - BankNordik P/F BNORDIK.CO :
* Says aiming to increase its competitive strength, the Bank is today eliminating 25
full-time positions
* Changes will result in the termination of 20 positions and staffing reductions
corresponding to five additional full-time positions to be achieved through normal attrition
* Reducing the number of full-time positions by 25 will cut annual costs by about 17 million
Danish crowns ($2.49 million)
* Severance payments will total about 13 million crowns, and the amount will be recognized
in the financial statements for Q2
* Maintains its full-year guidance
Source text for Eikon: ID:nICE5RWj
Further company coverage: BNORDIK.CO
($1 = 6.8218 Danish crowns)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48586983920;))