Type
Internal restructuring
Country
Spain
Region
Este; Cataluña; Barcelona
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

200 jobs
Number of planned job losses
Job loss
Announcement Date
4 January 2005
Employment effect (start)
7 January 2005
Foreseen end date
31 December 2006

Description

200 employees of the Spanish bank Caixa Catalunya will benefit early retirement measures. Employees over 56 years old are targeted. The agreement between labour representatives and the company contains measures such as partial retirement for workers over 57 years old and direct retirement for workers over 60 years of age


Sources

  • 4 January 2005: La Gaceta de los Negocios

Citation

Eurofound (2005), Caixa Catalunya, Internal restructuring in Spain, factsheet number 61021, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61021.