IntesaBCI

Type
Internal restructuring
Country
Italy
Region
Location of affected unit(s)
Bureau (Lombardia), Lazio
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
5,100 - 5,700 jobs
Number of planned job losses
Job loss
Announcement Date
5 December 2002
Employment effect (start)
1 December 2002
Foreseen end date
1 May 2005

Description

Layoff timelines:

April 2003: 1300 employees

July 2003: 1300 employees

April 2004: 2500 employees

April 2005 : other 600 (possible)

Citation

Eurofound (2002), IntesaBCI, Internal restructuring in Italy, factsheet number 58975, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58975.