The reduction of 94 jobs was ascribed to restructuring measures and cost savings for the multinational corporation, which had announced a record profit of 443 million euros for the first half of 2019.
After redundancy talks initially failed last month, 12 rounds of negotiations have finally led to a positive result.
Staff representatives, together with the Central Secretary of the OGBL Syndicate for Media, Printing and Culture, attempted to reduce the number of redundancies, while negotiating accompanying measures and financial compensation.
Although the outcome of a social plan can never be regarded as a great success given the difficult situation of the persons concerned, the staff representatives and their syndicate were able to negotiate the following positive points, among others:
- Reduction of redundancies from 94 to 69 employees
- In addition to the statutory compensation in case of dismissals:
· Lump sum in addition to all compensation
· Financial compensation for each year of service
· Additional financial compensation depending on the age of the employee
- Exemption during the period of notice
- Additional financial compensation for employees with children and for single parents
- Personal budget for everyone concerned for training and outplacement
- Aid fund for cases of hardship that struggle to integrate into the world of work
On 26 November 2019, an information meeting was held for employees of the RTL Group.The staff representatives and the OGBL syndicate Media, Printing and Culture will continue to be available to all those affected by the social plan to answer their questions and to advise them if necessary.
The above press release was presented by the OGBL Syndicate Printing, Media and Culture - FLTL on 26 November 2019.
