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
1,350 - 2,100 jobs Number of planned job losses
Announcement Date
26 October 2016
Employment effect (start)
6 November 2016
Foreseen end date
31 January 2016
Description
National Bank of Greece is to announce a voluntary exit programme for at least 1,350 employees.
According to media reports (Wednesday, 26 October 2016), NBG will commence the exit programme in November 2016. The program concerns all NBG employees and will provide specific incentives depending on age group.
NBG, in accordance with the restructuring plan, will have, to reduce the number of employees by 2,100 people by the end of 2018.
Sources
: Euro
Citation
Eurofound (2016), National Bank of Greece, Internal restructuring in Greece, factsheet number 88987, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88987.
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