September 25, 2009 / 11:58 AM / 10 years ago

ING cutting up to 280 Czech, Slovak staff

PRAGUE, Sept 25 (Reuters) - ING ING.AS is to cut up to 280 Czech and Slovak staff next year after it consolidates some services in a Romanian centre.

The banking group will move part of its IT, financial and operational units to Romania, cutting 30-40 percent of its 700 staff in the countries by the end of 2010, spokewoman Alexandra Gjuric said on Friday. Unemployment in the Czech Republic has grown to a more than three-year high of 8.5 percent as mostly manufacturers shed jobs after losing orders in the economic crisis.

KBC (KBC.BR) unit CSOB shed hundreds of staff earlier this year.

Reporting by Jason Hovet; Editing by David Cowell

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