Over 400 Bank of Cyprus employees opt to leave voluntarily

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Over 400 Bank of Cyprus employees opt to leave...
 © In-Cyprus 2019
Over 400 Bank of Cyprus employees have opted to take advantage of the fourth voluntary retirement scheme since 2013 offered by the island’s largest lender. The deadline expired on Friday, at 3pm, and the number is between 400 and 500, insiders told CNA.

At the same time, the management now plans to proceed with restructuring plans and to submit on Monday a detailed proposal on the steps to be followed before the board of directors.

The management has scheduled significant changes to its operating model so that it remains competitive and with a successful course in the...


This article was automatically added to our system 18-10-2019

Over 400 Bank of Cyprus employees opt to leave voluntarily


The contents of this article including any associated images are © In-Cyprus 2019
Views & opinions expressed in this article are those of the author and/or In-Cyprus .

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Article Tags: cyprus, employees, leave, voluntarily,