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

750 jobs
Number of planned job losses
Job loss
Announcement Date
28 May 2015
Employment effect (start)
Foreseen end date


Spanish bank CaixaBank will apply a labor force adjustment plan affecting 750 employees. The plan is being currently discussed with the trade unions and there is no information on the date when the employment effects will start. The bank expects to implement redundancies in Seville (182), the Canary Islands (77), Madrid (75) and Navarra (41). The bank is offering a severance pay equal to 33 days per year worked up to a maximum of 24 years. For the workers born before 1962, it will offer an early retirement plan.


  • 28 May 2015: ABC


Eurofound (2015), CaixaBank , Internal restructuring in Spain, factsheet number 83655, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83655.