The bulk of the job cuts were made in the bank’s retail division.
“We are 1,000 jobs short in the retail segment, but we’ve added 400 part-time positions,” said Dana Demetrian, retail network director at BCR.
Speaking at a press conference, Demetrian said the job cuts were executed within a period of six months, with no negative effects on the bank’s profitability.
Moreover, personnel efficiency has increased by 30% to 50%, the bank’s official said.
In December 2012, BCR’s chief executive Tomas Spurny said the bank would fire about 1,600 staff by the second half of 2014 under a strategy program aimed to reduce costs.
BCR, a unit of Austrian lender Erste Group Bank AG (EBS.RO), has swung to a net profit of about 560 million lei (EUR125 million) in the first nine months of 2013, versus losses a year earlier.