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Nordea to cut up to 5% of staff as AI drives savings

The move supports Nordea’s 2030 strategy

Bloomberg NewsbyBloomberg News
March 17, 2026
in Strategy
Reading Time: 2 mins read
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Nordea Bank Abp is putting as many as 1,500 jobs at risk as it expects artificial intelligence to make processes more efficient and cut costs. The reduction of as much as 5% of the workforce through next year is part of a structural efficiency improvement, the Helsinki-based bank said in a statement Tuesday. The move […]

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