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
6,000 jobs Number of planned job losses
Announcement Date
1 May 2002
Employment effect (start)
Foreseen end date
1 December 2002
Description
On the 6000 job losses, 2700 are early retirement.
Citation
Eurofound (2002), Santander, Internal restructuring in Spain, factsheet number 59989, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59989.
