In this context, unions ALEBA, OGBL and LCGB and the personnel delegation of the London based bank came together on Friday for the signing of a severance plan. This was made public by the unions in a press release on Monday evening.
Reorientation of the company's commercial strategy and the outsourcing of some activities are at the source of this workforce reduction.
The press release states that a severance plan had to be created for this reason.
According to the unions, the negotiations went well, but they regretted that employees were suffering as a result decisions which have the sole aim of generating profit for the company.
