Company/Organisation:
San Paolo IMI
Geographic Location
Country:
Italy
Company
Sector:
Financial services
Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
Number Employed:
33270
Employment Effects
Announcement Date:
11-02-2003
Planned Job Reductions min:
2000
Planned Job Reductions max:
2000
Type of Restructuring:
Internal restructuring
Employment Effect Start:
01-01-2003
Foreseen End Date:
01-02-2005
Additional Information
The Company industrial plan 2003-2005 (presented to the financial community on Tuesday, 11 February 2003) oversees 2000 redundancies. The company has not yet made clear how the lay-off will be carried on.