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 Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
275 jobs Number of planned job losses
Announcement Date
28 March 2013
Employment effect (start)
17 April 2013
Foreseen end date
17 May 2013
Description
Spanish bank, Ibercaja, has agreed with the unions to implement a collective dismissal plan by means of voluntary early retirements which will be available to a maximum of 275 workers. The measures will be applied during 2013 with a possible extension of two years. Out of the total number of workers impacted, 205 will be aged over 61 years old or will be at this age before 31 December 2013. If the maximum number is not reached within the 61 to 64 years old age group, then the early retirements will be extended to those employees aged 60 years old. The rest 70 redundancies refer to those employees affected by office closures and relocations.
Sources
28 March 2013: Expansión
Citation
Eurofound (2013), Ibercaja, Internal restructuring in Spain, factsheet number 75206, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75206.
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