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 Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64.19 - Other monetary intermediation
900 - 1,000 jobs Number of planned job losses
Announcement Date
13 September 2021
Employment effect (start)
Foreseen end date
Description
Unicaja, a bank with its headquarters based in Malaga (Andalusia), has summoned the unions to start negotiations on a new workforce adjustment plan affecting between 900 and 1000 employees (9% -10% of the staff). This collective dismissal plan comes just after the workforce adjustment announced in June 2021 and affecting 1900 employees (which is still in a negotiation process). The company claims the same reasons for restructuring as in the previous workforce adjustment plans: problems of duplication after the merger with Liberbank. Unicaja Banco currently has some 9,700 employees and 1,400 offices.
Eurofound (2021), Unicaja Banco, Merger/Acquisition in Spain, factsheet number 105282, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105282.
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