The pressure is growing stronger for Santander to sell its USA division after recent $500 m fine in the auto group. The head of Santander has been pushing back but institutional investors are demanding that she divest from USA. Boston will be... — read more
It's in progress right now, you will not find this in the news. Stealth layoffs and big layoffs.
Santander had already undergone a round of layoffs relatively recently: 3,069 employees were dismissed after the absorption of Banco Popular in... — read more
In the 1st week of October 2017. Michael Cleary sent a measage to SUSA employees that that the company recently laid off a number of job families and the company is still looking to do more consolidation and restructuring. Chief Credit officer... — read more
This is a foreign company, not an US based company
With the recent pushes to outsource as much functions overseas nobody should have any doubts if the layoffs are coming.
Do you know if we will be affected by the RIFs