Spain - Job cuts in banking continue - August 31, 2016

Banco Bilbao Vizcaya Argentaria SA, the country’s second-biggest bank, is weighing a fresh round of job cuts across the company to lower costs. The bank may eliminate 2,000 positions or more. The cuts would mostly affect branches and the lender’s central services unit, as well as the investment banking business, though a final decision has not been made. So far no negotiations were concluded with the unions.

English: http://www.bloomberg.com/news/articles/2016-07-22/bbva-said-to-weigh … 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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