EMCC European Monitoring Centre on Change



Geographic Location

Country: Austria


Sector: Information / communication
IT and other information services
62 - Computer programming, consultancy and related activities
Number Employed: 870
Group: Sparkassengruppe (Erste Bank)

Employment Effects

Announcement Date: 18-07-2003
Planned Job Reductions min: 150
Planned Job Reductions max: 150
Type of Restructuring: Internal restructuring

Additional Information

In the frame of the restructuring plan of the Erste Bank, Spardat GmbH, IT company for the group, has to restructure. After the year 2000 and the passage to euro, Spardat has to reduce its over capacity.