Greece's OPAP launches voluntary redundancy scheme

Greece’s betting monopoly OPAP has begun a voluntary redundancy scheme for about three-quarters of its staff to cut costs, one of its biggest unions said on Thursday.

OPAP, one of Europe’s largest betting companies, declined to say whether it was offering the scheme, which will mainly affect its retail network supporting services.

The voluntary redundancy program runs from June 30 to July 15 for about 656 people, union leader Christos Kakouratos told Reuters.

OPAP’s staff totals about 900 people.

[Reuters]