Danske Bank: 682 jobs cut
Danske Bank announced the layoff of 682 positions in two rounds during 2026, attributing the cuts to increased productivity from AI and automation. The bank's technology chief noted that AI has made developers significantly more efficient, leading to a reduction in staffing needs. The total workforce has decreased from 20,026 to 19,472 as a result of these changes.
Conservative
682
Core Estimate
682
Upper Bound
682
Sources
Danske Bank Layoffs 2026: 682 Roles Cut as AI Expands
Danske Bank Layoffs 2026: 682 Roles Cut as AI Expands # Danske Bank Expects Fewer Employees as AI Use Grows By Harj Singh, Founder and Host of The Grind Hotline Published September 27, 2026 Frans Woelders, the bank’s technology chief, says AI has made its developers about 40% more productive. Danske has already removed 682 positions in two rounds this year. ## Quick answer Danske Bank, headquartered in Copenhagen, Denmark, made 682 positions redundant across its February and May 2026 roun