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

300 jobs
Number of planned job losses
Job loss
Announcement Date
12 March 2015
Employment effect (start)
Foreseen end date


The Spanish bank Bankia has presented to its workers a voluntary early retirement plan that may affect 300 employees. This plan is unrelated to the labour force adjustment plan implemented in 2014, which affected 4,500 employees. Indeed, the plan is addressed to those workers who were not able to avail of the earlier measure. The plan is open to all company units.  The new plan offers workers older than 55 years 50% of their gross salary for up to five years and a special regulatory agreement with social security up to 61 years of age.


  • 12 March 2015: ABC


Eurofound (2015), Bankia, Internal restructuring in Spain, factsheet number 78778, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78778.