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Bank with new leaving vacancy and admission to layoffs

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Bank with new leaving vacancy and admission to layoffs

The big banks will lay off thousands of employees this year, a process that has continued since the last crisis, but which should reach a new peak in 2021, with even BCP and Santander Totta admitting to resorting to layoffs.

At BCP, the plan to lay off workers began last week when the bank contacts every employee who wants to quit and presents the terms of the layoff (compensation values ​​from the start). Employees can leave upon early retirement (for those aged 57 and over) or upon mutual agreement. In this case, the one who leaves by agreement does not have access to unemployment benefits.

However, the bank also acknowledged that it could resort to “unilateral measures”, and last week at a meeting with trade unions even spoke of a collective dismissal, indicating that this will affect “all those who do not accept the negotiation process.”

According to the unions affiliated with the UGT (the Portuguese Financial Sector Workers ‘Union, the Center Banking Workers’ Union and the Mais Union), the BCP’s intention is to lay off up to 1,000 workers. Between 2012 and 2020, BCP has already laid off almost 2,000 employees in Portugal, having 7,013 employees at the end of last year.

Santander Totta also admitted to resorting to layoffs.

At the end of April, it was announced that in the first quarter, it was agreed to lay off 68 workers and announced the layoff of another 100-150 employees, “whose functions have become redundant.” We are talking mainly about the workers of the closed stalls, who were asked to leave, but they did not agree.

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In early May, after negotiations with unions associated with UGT, the bank decided to “temporarily” postpone unilateral measures to leave workers.

union protest

The National Union of Banking Technicians organized several protests against layoffs, calling for a phased program of voluntary layoffs, without pressure and on fair and balanced terms.

The official source contacted by Lusa sent in additional information for the end of the month, as volunteering is still being evaluated. Whoever leaves the job by mutual consent is not eligible for unemployment benefits.

On the union side, sources contacted by Lusa fear that Santander Totta will also move to a more muscular layoff process, as they have information that they are agreeing to leave fewer workers than the bank wants.

As of the end of 2020, Santander Totta had 5,980 employees.

Several union leaders contacted by Lusa said thousands of workers will leave the main banks this year. They also believe that the processes will be even more aggressive than those that took place during the last crisis and the intervention of the Troika, since there are large banks that allow staff reductions, because the proposed compensation is now lower and even because it is too high … is not equal to laying off 1,000 workers out of 8,000 or 6,000.

On the part of banks, the reasons for staff cuts are usually the same for all. They justify technological evolution, changing customer habits (few travels to agencies, telecommuting), low business profitability, the need to adapt costs to changing businesses and improve efficiency.

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In September 2020, Bank Montepio announced an “expanded plan” to lay off workers through early retirement and termination of employment contracts to reduce the number of employees by 600-900 people.

According to an official Montepio source, in the first phase of the program (in the last quarter of 2020), 235 employees left, of whom 124 were laid off and 111 were laid off by mutual agreement (which gives access to unemployment benefits, since the bank received company status from the Government in the process restructuring). This year, the second phase of the program began with proposals for withdrawal by mutual agreement.

As of the end of 2020, the Montepio banking group employed 3,721 people.

At Caixa Geral de Depósitos (CGD), from which about 2,000 employees left between 2017 and 2020 as part of the restructuring process, management said that new quantitative headcount reduction targets would only exist once the 2021-2024 plan was approved. it is known that the state bank still has open plans to end its activities by mutual agreement and early retirement.

As of the end of 2020, CGD had 6,583 employees in Portugal. In the first quarter, according to an official source, “73 employees left for reforms, dismissals by mutual agreement or for other reasons.”

According to employee sources, Novo Banco, which laid off 2,200 employees between the end of 2014 and 2020, supports early retirement and consensual layoffs (guaranteeing access to unemployment benefits).

But the data already in existence is the same one that was released in February, when the bank indicated that the goal is to cut 750 employees by 2023, because according to the official source, there is nothing new.

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As of the end of 2020, Novo Banco had 4,582 employees.

A source at BPI said the bank is offering employees early retirement. However, bank officials have not publicly provided information on the downsizing projects.

“At the moment we do not have any structured exit plan, but exit negotiations can always take place by mutual agreement. In these circumstances, this issue does not apply, ”an official source at BPI said. The bank closed 2020 with 4,622 employees.

According to a long series of Banco de Portugal, banks operating in Portugal laid off nearly 13,000 employees between 2009 and 2019. In 2020, just five major banks operating in Portugal (CGD, BCP, Novo Banco, Santander Totta, BPI) cut 1,200 jobs.

Downsizing of structures (workers leaving and branch closings) is common in all European banking. The layoffs that have already occurred since the previous crisis (started in 2008) should now take on new strength thanks to the pandemic crisis. Banks base their profits on cost cutting, analysts say.

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Economy

Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners

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Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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Economy

The first Dacia hybrid. “The cheapest hybrid family on the market”

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The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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Economy

See how Tesla tests its electric Semi truck in the worst-case scenarios

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Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.


Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

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high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

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