Type
Internal restructuring
Country
Spain
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

340 jobs
Number of planned job losses
Job loss
Announcement Date
5 July 2002
Employment effect (start)
Foreseen end date
1 December 2004

Description

Closure of 31 unefficient branches all around Spain.


Sources

Citation

Eurofound (2002), Banco de Espana, Internal restructuring in Spain, factsheet number 59783, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59783.