This is a top news item in Europe - ING is going to cut many jobs, 7000 are reported to be in jeopardy. The Associated Press reports indicate that this is one of the biggest hits of the year:
ING said in a statement Monday that some 3,500 full-time jobs would disappear in Belgium by 2021 and 2,300 in the Netherlands. Almost 1,000 jobs would be lost among ING's external suppliers.