EMCC European Monitoring Centre on Change

Santander - Abbey

16 Jul, 2015
    • Spain
    • United Kingdom
  • Organisation size

    1000+

  • Establishment size

    1000+

  • Type of restructuring
    • Business expansion
    • Internal restructuring
    • Merger/Acquisition
  • Ownership
    • Private
  • Sectors
    • Financial services
  • Involved actors

    • European Commission
    • Trade union
    • Banks
    • Others
  • Anticipation of change activities
    • Strategic long-term monitoring of market and technological developments
    • Continuous mapping of jobs and skills needs - Elaboration of training plans
    • Training/skill development
    • Promotion of geographic mobility
    • Promotion of internal mobility
    • Promotion of social dialogue
  • Management of change activities
    • Diagnosis of the situation and designing change procedures
    • Information and consultation of workers or their representatives
The European Foundation for the Improvement of Living and Working Conditions organised a seminar for its company network on November 29–30, 2007, hosted by international bank Santander at its corporate headquarters in Madrid, Spain. In intensive discussions over the two days, 32 representatives from companies, trade unions, universities, research organisations and the European Commission discussed the management of change in EU cross-border mergers and acquisitions (M & A). The Santander-Abbey case was presented by Javier Bugallo, HR Director, Abbey and Juan Maria Gorostidi Pulgar, Director of Labour Relations for the Santander group.
keywords
  • Globalisation/Internationalisation
  • Cross-border restructuring