Restructuring events
European Restructuring Monitor (ERM)
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.
Eurobank Group announced officially a voluntary redundancy plan affecting 700-800 jobs.
As reported, the banking group introduced the job reduction measure for all its employees, including the new Proton Bank but with the exception of the new TT Hellenic Postbank and its subsidiaries as well a small number of Eurobank subsidiaries.
As announced, the deadline for expression of interest is 15 November 2013.
Updated, 18-11-2013: As announced, approximately 1,100 employees expressed interest in participating in the voluntary redundancy plan.
Eurofound (2013), Eurobank, Internal restructuring in Greece, factsheet number 76113, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76113.