Job losses following merger of Unicaja and Cajasur

Unions and management have been meeting to discuss the preliminary data relating to job losses as a result of the merger of the Unicaja and Cajasol banks.

It is expected that there will be a staff surplus of around 1,300 people, with around 1,000 relating to Cajasur.

The idea is to make the cuts in the workforce as non-traumatic as possible, with the bulk being achieved through retirement or early retirement.

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