Sberbank reduces personnel by 3.6% to 240,900 employees in 2010
MOSCOW. May 4 (Interfax) - Top Russian bank Sberbank reduced its personnel by 3.6% to 240,895 employees in 2010, the bank said in a material for its shareholder meeting.
At the same time, total employees at the bank's central administration (including the center for overseeing client operations) increased by 19.2% last year to 8,681 people while total employees at Sberbank's territorial operations went down by 4.3% to 232,200 persons.
The bank said that it had moved to a new organizational structure for its territorial banks and branches. The main idea behind the change was formalizing division and managerial responsibility for defined business operations. "During the reorganization, the number of personnel was optimized, firstly, in managerial, central administrative and support functions," the materials said.
The bank reduced its working personnel by 8% in 2009 and increased it by 2.6%, the Sberbank said in its materials.