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Spain's Caixabank expects to reach job cuts deal with unions by end of second-quarter

Reuters
CaixaBank's logo is seen on top of the company's headquarters in Barcelona

MADRID (Reuters) - Spanish bank Caixabank expects to reach a deal with labour unions on job cuts related to the merger with smaller rival Bankia by the end of the second quarter, CEO Gonzalo Gortazar said on Friday.

"We expect to start talks with the unions after Easter ... and close negotiations by the end of the second quarter," he told reporters on Friday.

Gortazar decline to estimate how many jobs the bank intends to cut.

(Reporting by Emma Pinedo, Editing by Inti Landauro, Ingrid Melander)