Spain - Talks at Santander bank on dismissals - April 30, 2016

Bank Santander is to cut up to 1,200 jobs by the end of 2016. Santander management met union representatives in Madrid to start talks that could affect as much as 5 percent of the staff in its home market. Some of the cuts would be related to the closure of 450 branches the bank announced earlier, and others would be from central offices or other branches. The management told the trade unions that it intends to lose the workers via voluntary redundancies and early retirements.

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