Massive Lay Offs at Hypo Group

People ♦ Published: November 30, 2010; 11:10 ♦ (Vindobona)

The still ailing Carinthian bank restructures the leasing division. 500 jobs are being cut.

As part of the restructuring process of the Hypo Group Alpe Adria, a large-scale restructuring of the leasing area is being undertaken. Leasing Holding GmbH has a new executive board. Currently, Gottwald Kranebitter, the Chairman of the Board of Leasing Holding, operating with 13 domestic and foreign subsidiaries, still is the CEO of the group.

Leasing is considered as a…

or Log In

Fast News Search
Related News
Hypo Alpe Adria: Involvement in Southeastern Europe to be maintained (November 10, 2010)
Hypo-Group Changes Board of Austrian Subsidiary (November 2, 2010)
Hypo Proceedings: New Revelations (November 2, 2010)
Hypo Group: Serious Allegations Against Kulterer (October 29, 2010)
Hypo Group: Dramatic Losses Expected for 2010 (October 27, 2010)
HYPO Group: Further Liabilities Necessary? (October 25, 2010)
Hypo-Group: Bavarian Lawsuit Against Carinthia (October 18, 2010)
Read More
Restructuring, Gottwald Kranebitter, Hypo Group Alpe Adria, Croatia, Germany, Hungary, NPL Non Performing Loans, Non Performing Loans, Leasing Industry
Featured
See latest Vindobona Newsletter