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 / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding
340 jobs Number of planned job losses
Announcement Date
5 July 2002
Employment effect (start)
Foreseen end date
1 December 2004
Description
Closure of 31 unefficient branches all around Spain.
Citation
Eurofound (2002), Banco de Espana, Internal restructuring in Spain, factsheet number 59783, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59783.