Internal restructuring
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.1 - Monetary intermediation

1,200 jobs
Number of planned job losses
Job loss
Announcement Date
13 March 2012
Employment effect (start)
31 May 2012
Foreseen end date
31 December 2014


Banca Popolare dell'Emilia Romagna (Bper), an Italian cooperative bank, is to cut 1,200 jobs out of 11,800. The job cuts were included in the 2012-2014 industrial plan that the bank has announced at the beginning of March.

The bank is about to hold meetings with the sectoral trade unions in order to give more details on the new industrial plan and its effects on the employment levels. The trade unions and Banca Popolare will also discuss adequate measures aimed to reduce the negative social effects caused by the plan.


  • 14 March 2012: Il Sole 24 Ore


Eurofound (2012), Banca Popolare dell'Emilia Romagna (Bper), Internal restructuring in Italy, factsheet number 73318, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73318.