The Spanish banking system has undergone a major restructuring during the last decade, as a consequence, the number of bank employees has decreased significantly. Mass layoffs has been a major instrument to achieve such restructuration.
As of March 2021 the largest lay-off in the banking sector in Spain was conducted by Caixabank in that same year, when the bank fired a total of 8.2 thousand employees. The second position in the ranking is held by the downsizing carried out by Bankia in 2013, when 4.5 thousand employees were made redundant.
Banks with the largest lay-offs in Spain from 2010 to 2021, by number of employees
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Cinco Días. (April 24, 2021). Banks with the largest lay-offs in Spain from 2010 to 2021, by number of employees [Graph]. In Statista. Retrieved December 25, 2024, from https://www.statista.com/statistics/1232466/largest-lay-offs-in-the-spanish-banking-sector/
Cinco Días. "Banks with the largest lay-offs in Spain from 2010 to 2021, by number of employees ." Chart. April 24, 2021. Statista. Accessed December 25, 2024. https://www.statista.com/statistics/1232466/largest-lay-offs-in-the-spanish-banking-sector/
Cinco Días. (2021). Banks with the largest lay-offs in Spain from 2010 to 2021, by number of employees . Statista. Statista Inc.. Accessed: December 25, 2024. https://www.statista.com/statistics/1232466/largest-lay-offs-in-the-spanish-banking-sector/
Cinco Días. "Banks with The Largest Lay-offs in Spain from 2010 to 2021, by Number of Employees ." Statista, Statista Inc., 24 Apr 2021, https://www.statista.com/statistics/1232466/largest-lay-offs-in-the-spanish-banking-sector/
Cinco Días, Banks with the largest lay-offs in Spain from 2010 to 2021, by number of employees Statista, https://www.statista.com/statistics/1232466/largest-lay-offs-in-the-spanish-banking-sector/ (last visited December 25, 2024)
Banks with the largest lay-offs in Spain from 2010 to 2021, by number of employees [Graph], Cinco Días, April 24, 2021. [Online]. Available: https://www.statista.com/statistics/1232466/largest-lay-offs-in-the-spanish-banking-sector/
