According to a joint statement issued by the ALEBA, OGBL, and LCGB trade unions, a constructive dialogue on social planning was conducted despite the difficult situation of the pandemic.
The Swedish bank is withdrawing from the Grand Duchy and sold parts of its assets to VP Bank. However, the bank from Liechtenstein will only employ 11 out of the 28 people affected by the change. The 17 remaining people will be let go by the end of the year.
An agreement was found on a support strategy for the 17 employees in question, which includes financial and social compensation.
