5 Minute News

Uncertainty for Hellenic Bank Staff Following Eurobank Acquisition

January 29, 2025

Following Eurobank's acquisition of the Hellenic Bank, concerns about job cuts have resurfaced. The bank has not officially announced any layoffs, but organizational changes are expected. The last voluntary exit plan was announced in November 2022, and there's been an increase in personnel expenses in 2023. The details regarding compensation remain unclear.