This content is not available in your region

Spain's Santander plans to cut over 3,700 jobs in Spain - union

Text size Aa Aa

MADRID (Reuters) – Spain’s Santander plans to close 1,150 branches in Spain and cut just over 3,700 jobs, or around 11 percent of its workforce in Spain, the Spanish union Comisiones Obreras said in a statement on Tuesday.

Santander declined to comment.

At the end of March, the bank had 32,366 employees and 4,366 branches, according to the banks’ quarterly report.

(Reporting By Jesús Aguado, editing by Andrei Khalip)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.