Slovenská sporiteľňa

Type
Internal restructuring
Country
Slovakia
Region
Slovensko; Bratislavský kraj; Bratislavský kraj
Location of affected unit(s)
Bratislava
Sector
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
700 jobs
Number of planned job losses
Job loss
Announcement Date
1 July 2010
Employment effect (start)
1 April 2009
Foreseen end date
31 March 2010

Description

Slovenska sporitelna, Slovakia's biggest bank, reduced its staff by more than 700 employees over the year ending in March 2010. Dismissals were attributed to the persisting international financial crisis and followed internal restructuring of the company. Internal restructuring also included the relocation of some jobs from Bratislava to cheaper regions, for example Banská Bystrica.

Sources

  • 1 July 2010: Hospodárske noviny ()

Citation

Eurofound (2010), Slovenská sporiteľňa, Internal restructuring in Slovakia, factsheet number 70776, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70776.