Type
Internal restructuring
Country
Greece
Region
Location of affected unit(s)
Attica, Thessaloniki
Sector
Arts / Entertainment
Arts, Entertainment And Culture
Gambling And Betting Activities
92 - Gambling and betting activities

656 jobs
Number of planned job losses
Job loss
Announcement Date
3 July 2014
Employment effect (start)
31 July 2014
Foreseen end date
31 October 2014

Description

OPAP, Greece’s sole sports betting and lottery group,announced a voluntary exit plan for 656 employees at its sites in Attica and Thessaloniki.

According to the sources the Organization of Football Prognostics offers a voluntary redundancy plan for about three-quarters of its staff at OPAP Services, located in Attica (Athens and Peristeri) and Thessaloniki in order to minimize costs. The timetable for submitting applications is June 30th to July 15th for the company’s 656 out of the 900 employees. The plan refers to all employees of OPAP Services having permanent contracts and continuous service over 18 months till 30 June 2014.

The company has not made any announcement however employee representatives confirmed the restructuring plan.


Sources

Citation

Eurofound (2014), OPAP Services, Internal restructuring in Greece, factsheet number 77305, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77305.