Company/Organisation:
Capitalia
Geographic Location
Country:
Italy
Company
Sector:
Financial services
Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
Employment Effects
Announcement Date:
02-10-2002
Planned Job Reductions min:
5246
Planned Job Reductions max:
5246
Type of Restructuring:
Internal restructuring
Employment Effect Start:
01-10-2002
Foreseen End Date:
01-03-2004
Direct Dismissals:
1200
Other Job Reduction Measures:
4046
Additional Information
1530 dismissed workers will benefit of a special public fund aimed to support the bancking industry restructuring.
1200 employees will be dismissed throught the selling of 120 bank counters to other banks.
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