The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64.19 - Other Monetary Intermediation
150 jobs Number of planned job creations
Announcement Date
27 November 2023
Employment effect (start)
1 January 2024
Foreseen end date
24 December 2024
Description
Kutxabank, a Spanish savings bank whose headquarters are located in the Basque Country, has announced a business expansion, including plans to hire 150 new employees in 2024.
It is expected that Kutxabank will focus on professional profiles with skills in the field of new technologies in this business expansion.
Over the last three years, Kutxabank has gradually hired 324 new professionals. It is foreseen that the new hirings will be accompanied in 2024 by some early retirements, although at a lower level in comparison to previous years.
Eurofound (2023), Kutxabank, Business expansion in Spain, factsheet number 200558, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200558.
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The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
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