It plans to carry out almost 63% of the projected adjustment to accommodate its structure after absorbing Novo Banco and Bankoa via early retirement. Its intention is to amortize 370 jobs and 220 people would leave under early retirement conditions, according to the approach shared with the unions.
In the remaining 150 departures and that would affect personnel under the age of 50, the unions want them to be offered compensated voluntary redundancies or transfers to businesses with a deficit in staff. Despite the fact that it has just started, the approach is progressing after the entity and the union majority (UGT, CCOO and SIB-SF) signed an exit agreement a few weeks ago through early retirement in a dozen provinces, according to union sources .
reduce departures
The intention of the syndicates is, however, that the bank accepts, if necessary, that a greater number of people can leave in conditions of early retirement if there is greater demand. The amortization of 370 jobs would already exceed 6% of the group’s workforce. The entity led by Juan Carlos Escotet has made the decision after acquiring it in January, and which meant adding 260 employees to the group.
In April, it also joined the business in Spain of the Portuguese entity Novo Banco, with which it added another 150 workers.
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