Banco Santander to Lay Off 2,000 Workers

ArticleBanking crisisNovember 10, 2017 - 4:06:05 AM

Following the rescue of Banco Popular, Santander restructured its operations leaving many employees on the sidelines. And these cuts are expected to intensify in the future.

Spain's biggest bank Banco Santander plans to lay off more than 2,000 employees due to the integration of Banco Popular, which it acquired in June after EU authorities ordered its rescue, a union said on Wednesday....

Source:The New York Times

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