30-06-2025
ING to Cut 230 Jobs Saying It Has ‘Too Many' Managing Directors
ING Groep NV announced a round of cuts focused on senior executives saying there are just too many of them.
The Dutch lender plans to eliminate 230 roles across its wholesale banking division, according to a statement on Monday. The cuts 'will be focused on Directors and Managing Directors in commercial, front office roles' as the lender has 'too many senior roles,' it said.