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 / 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
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.
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