ECONOMY

Almost 2,200 employees to leave Piraeus Bank through voluntary redundancy

Almost 2,200 employees are set to leave Piraeus Bank after accepting the lender’s offer of voluntary redundancy.

Piraeus Bank, which has become Greece’s largest bank following a series of takeovers, had planned to reduce its staff numbers by 1,800, which is about 10 percent of the lender’s total work force.

However, reports on Tuesday said that the final number of employees applying for redundancy reached 2,180 after the bank extended its September 2 deadline for staff to submit their application forms.