Forex Bank is laying off 410 employees in travel currency sales as a consequence of lower demand due to the coronavirus pandemic. 
”"We will do everything we can to limit the number of employees affected by layoffs," says Bo Lagergren, CEO of Forex Bank, in a press release. 

In a press release, Forex Bank writes that the company currently has just over 700 employees on short-term work as a consequence of the lower demand for travel currency. This demand is expected to remain low in the near future. 

As a consequence, Forex Bank has now decided to lay off 410 employees. The majority of the employees affected in Sweden work in one of Forex Bank's stores, but employees at the head office are also affected. 

”"We have made this decision to secure Forex Bank as a responsible employer in the long term. No one wants to have to give talented employees notice of termination and we want our stores to be as open and accessible as possible. We will do everything we can to limit the number of employees affected by termination," says Bo Lagergren in a press release. 

Source: di.se