AstroBank completes staff downsizing

AstroBank has completed its staff restructuring plan after the second phase of a voluntary exit scheme, reducing the total number of employees at the bank to the targeted 400. The fourth largest

Hospital staff stage work stoppage

State hospital staff went on a two-hour strike on Tuesday to exert pressure on the State Health Services Organisation (OKYPY) to renew collective agreements with employees whose contracts have expired. It comes

450 Hellenic Bank staff choose exit plan

Some 450 Hellenic Bank employees have selected the exit button opting for early retirement with €200,000 compensation each. The bank launched its voluntary exit scheme to reduce its staff by around 500

Hotels fear staff shortages

Hoteliers said they had difficulty coping this summer due to 5,000 staff shortages, calling on authorities to intervene to resolve the issue before next year. In comments to news site Stockwatch, the


Cyprus fire service says understaffed

Cyprus’ fire service has refuted Eurostat’s figures showing firefighters make up around 0.4% of the workforce as it would translate into 1,622 personnel which is not the case. “We would like to

Over 200 staff agree BoC early retirement

Some 200 Bank of Cyprus employees have pushed the ‘exit’ button taking the ‘generous’ offer for early retirement with compensation, as the bank seeks to offload 500 staff before resorting to redundancies.

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