Thursday, January 15, 2015

CaixaBank raises halving template Barclays in … – EntornoInteligente

CaixaBank raises halving template Barclays in … – EntornoInteligente

The Information .com / BARCELONA, 15 (IRIN)

CaixaBank has raised Thursday to labor representatives of Barclays Bank in Spain reducer close stencil 50% of 1,120 people, compared with 2,297 current employees to Europa Press union sources.

At the first meeting of the labor negotiation table after CaixaBank shut the purchase of Barclays in Spain January 2, the Catalan club has explained the unions a Record of Employment Regulation (ERE) for economic, organizational and productive causes, but has not gone into details of how to apply.

Power Barclays have told Europa Press that the purpose of ERE is “to equip business Barclays Bank SAU the appropriate scale and turn them into an efficient and profitable.”

They add that “the new address of the entity considers necessary to adjust your template to which the entity is economically viable and hopes to reach a satisfactory agreement with labor representatives. “

Union sources have told Europa Press that are downsizing” excessive “and to prepare alternative proposals to layoffs and that compulsory measures are not undertaken

CaixaBank itself has geographically finalized its plans to cut staff at Barclays, with greater involvement in Madrid. 641 persons HQ (now are 721 employees) and 130 in the branch network.

The total affected raised in the Spanish branch of Barclays is 479, compared to the total of 1,576 employees working today in the network; in addition to the 130 in Madrid, there is provided a reduction of 34 people in Barcelona and 315 in the rest of the network.

The unions hope to negotiate these figures and conditions of ERE in the next meetings work table, but claimed that the purchase of Barclays is not comparable to the other acquisitions made by CaixaBank in recent years.

“This is an entity that is not operated by the FROB nor received aid, which is not subject to dismissal requested by Brussels, “pointed out.

” We are now in a context of some economic recovery, and hope that the expected synergies are not all at the expense of jobs work “, have been added.

Barclays Bank, which has become a new branch of CaixaBank Group, provides 550,000 customers, mainly retail and private and personal banking, a network of 262 offices and some assets 21,600 million.

The entity chaired by Isidre Faine expected annual cost synergies gross 150 million euros in 2016 and restructuring costs 300 million net of taxes following the acquisition of business retail banking, wealth management and corporate banking at Barclays Bank Barclays Group in Spain –the remain in the country Barclaycard and investment banking business -.

(EuropaPress)

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