Spain's Caixabank seeks to cut 8,291 jobs in Spain, union CCOO says


Reuters | Madrid | Updated: 20-04-2021 16:04 IST | Created: 20-04-2021 16:04 IST
Spain's Caixabank seeks to cut 8,291 jobs in Spain, union CCOO says
  • Country:
  • Spain

Spain's Caixabank seeks to cut 8,291 jobs and close 1,534 branches in Spain as part of a cost-savings plan following the acquisition of rival Bankia, a spokesman for the union Comisiones Obreras (CCOO) said on Tuesday.

Caixabank, which last month closed the 4.3 billion deal to create Spain's biggest domestic bank, was not immediately available for comment.

Also Read: Foreign tourism to Spain slumps 93.6% in February amid COVID curbs

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback