Type
Internal restructuring
Country
Greece
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation

112 jobs
Number of planned job losses
Job loss
Announcement Date
14 March 2006
Employment effect (start)
3 April 2006
Foreseen end date
31 December 2006

Description

Attiki Bank announced its plan to introduce a voluntary exit scheme affecting about 10% of its total workforce. The implementation will be completed till the end of 2006. According to the latest information, the internal restructuring measures are expected to be followed by a merger or acquisition.


Sources

  • 14 March 2006: Kathimerini

Citation

Eurofound (2006), ATTIKI BANK, Internal restructuring in Greece, factsheet number 64419, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64419.