About: http://data.cimple.eu/news-article/acacba93019394849486af687bea95f1881a3a32d09dd0f3e173b500

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About: http://data.cimple.eu/news-article/acacba93019394849486af687bea95f1881a3a32d09dd0f3e173b500 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Spanish banking giant Santander, the largest eurozone bank by capitalisation, said Monday it would not fire or temporarily lay off workers in Spain during the coronavirus pandemic. "Santander is committed to maintaining employment in Spain and to not resort to layoffs during the coronavirus epidemic," the bank, which employs some 29,000 people in Spain, said in a statement. The company, which also has a strong presence in Britain, Brazil and the United States, did not say what its plans were for its workers outside of Spain. Spain is Europe's second-hardest hit country by the coronavirus outbreak, with over 33,000 confirmed cases of the disease and 2,182 deaths. The government has since March 14 imposed an unprecedented national lockdown on the country of around 46 million people, with outings allowed only for essential reasons like buying food and medicine, which has paralysed the economy. "Minimising the closure of companies and layoffs is key" to ensuring that the economy can recover quickly once the health emergency passes," Economy Minister Nadia Calvino told a news conference. Santander is already carrying out a huge restructuring of its operations in Britain and in Spain, where it is cutting 3,200 jobs following its purchase of its troubled smaller rival Banco Popular in 2017. The banks plans to reduce by about 10 percent the number of its branches worldwide, as well as around three percent of its staff. emi/ds/pmr/jh
schema:headline	Santander rules out layoffs in Spain during coronavirus crisis
schema:mentions	Nadia district Eurozone Banco Santander Spanish language Medication Spain Lockdown European Union Pandemic Brazil United States Coronavirus Severe acute respiratory syndrome coronavirus 2 Popular, Inc. EMI
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-23 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	88 (xsd:integer)

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