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| Name | Symbol | Market | Type |
|---|---|---|---|
| Caixabank (PK) | USOTC:CAIXY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.10 | -5.26% | 1.80 | 1.75 | 1.89 | 1.80 | 1.77 | 1.79 | 199,553 | 21:03:19 |
From Nov 2019 to Nov 2024
By Nathan Allen
CaixaBank SA (CABK.MC) is proposing making more than 2,000 workers redundant as part of a restructuring program aimed at boosting efficiency, a person at the bank said Thursday.
The bank estimates that its plan, which encompasses closing smaller branches in cities to focus on larger offices that offer more services, will require 2,157 layoffs, the person said.
CaixaBank began negotiating with unions last week and hopes to come to an agreement on the proposal, the person said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
January 17, 2019 08:35 ET (13:35 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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