BCP

Type
Internal restructuring
Country
Portugal
Region
Continente;
Location of affected unit(s)
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
250 jobs
Number of planned job losses
Job loss
Announcement Date
24 April 2006
Employment effect (start)
Foreseen end date

Description

The finance entity BCP announced that the reduction of its staff will carry on until the end of 2006. This reduction will affect 250 workers.

At the end of 2004, the total number of BCP workers was 12 487; this number dropped to 11 510 at the end of 2005 and by the end of March 2006 the total number of workers was 11 251.

Sources

  • 24 April 2006: Diário Económico

Citation

Eurofound (2006), BCP, Internal restructuring in Portugal, factsheet number 63399, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63399.