Kvika banki hf.: Cost efficiency measures
Kvika banki has recently undertaken measures to improve cost efficiency, resulting in a reduction of 18 full-time equivalent positions at the Bank during the year. Today, 11 difficult redundancies took place, and a decision has also been made not to fill certain positions that have become vacant and will become vacant in the coming months. The reduction in staff has affected almost all units of the Bank.
Kvika banki has recently undertaken measures to improve cost efficiency, resulting in a reduction of 18 full-time equivalent positions at the Bank during the year. Today, 11 difficult redundancies took place, and a decision has also been made not to fill certain positions that have become vacant and will become vacant in the coming months. The reduction in staff has affected almost all units of the Bank.
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