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STD Banco Santander, S.A. Sponsored Adr (Spain)

6.10
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Banco Santander, S.A. Sponsored Adr (Spain) NYSE:STD NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.10 0.00 01:00:00

Banco Santander Proposes 1,500 Job Cuts in Spain -EFE

08/11/2017 4:12pm

Dow Jones News


Banco Santander (NYSE:STD)
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   By Marc Bisbal Arias 
 

Banco Santander (SAN.MC) has proposed about 1,500 job cuts to its core services in Spain following its purchase of Banco Popular Espanol SA, the Spanish news agency EFE said.

Reorganization could affect more than 2,000 employees overall, union sources told EFE, but at least 575 of those could be workers who might be transferred to other parts of the company. Other reductions could come via early retirement or voluntary redundancy, according to EFE.

Banco Santander declined to comment.

 

Write to Marc Bisbal Arias at marc.bisbalarias@dowjones.com

 

(END) Dow Jones Newswires

November 08, 2017 10:57 ET (15:57 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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