Santander Prepares 3,000 Layoffs, Over 1,000 Branch Closures -Expansion
15 Febbraio 2019 - 12:36PM
Dow Jones News
--Banco Santander may cut 3,000 jobs as part of a plan to shut
1,000 to 1,200 of its Spain branches as the lender integrates Banco
Popular's offices into its network, Expansion reports, citing
unnamed sources.
--According to the Spanish newspaper, Santander will begin talks
with workers' unions soon and expects to reach an agreement in
April.
Full story in Spanish: bit.ly/2GnNQP2
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
February 15, 2019 06:21 ET (11:21 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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