Sabadell plans to lay off 1,900 employees in Spain, 13% of the workforce

Banco Sabadell and the unions yesterday concluded the preliminary negotiation phase on the Employment Regulation File (ERE) presented by the entity and formal talks will begin tomorrow, Thursday, which will initially run until October 15.

The entity, which planted 1,936 exits, yesterday proposed to the workers’ representatives to relocate 60 of these affected, that is, 3%, in the subsidiary Business Services for Operational Support (BSOS).

The unions maintain the proposal that the bank reduce its workforce through early retirement and retirements, remembering that it has 2,000 employees over 45 years of age. However, the financial group considers that there should be forced layoffs, since the staff surpluses that have been identified are not located where they are required.

Likewise, with respect to another second union proposal to internalize the jobs that are now outsourced, Sabadell assured that, despite studying this route, these activities are specialized as manager, recovery or call center and its staff have different salaries and agreements, so internalizing them will imply a loss of efficiency and higher costs. Finally, regarding the approach to promoting teleworking, the bank considers that this will not solve the problems of excess workforce.

The bank, in addition to the 1,936 exits (13% of the workforce in Spain), it also proposes the closure of 320 branches, almost 23% of the total, as well as the reconversion of another 172 offices into advanced boxes, that is, reducing the services they provide and the days of opening. 85% of those affected by the adjustment will come precisely from the branches.

The bank raises this ERE within the framework of the objectives of its strategic plan to promote digitization in the segment of individuals to gain efficiency and, with this, make the business profitable.

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