In the first quarter of this year, more than 1,800 employees left the entity
Banco Sabadell has communicated this morning to the unions its intention to carry out a new staff adjustment through voluntary dismissals and early retirement basically; and if forced dismissals had to be included in the Employment Regulation File (ERE), there will be a social plan “to achieve 100% outplacement,” according to sources close to the negotiation.
This ERE comes after more than 1,800 employees left in the first quarter of this year 2021, in an adjustment process that began to be negotiated in the summer of last year. Therefore, it is expected that the ERE that is now being negotiated will materialize in 2022.
The Sabadell management has summoned the union representatives to a new meeting next Thursday to go into the details of the calendar and the number of workers it intends to reduce. It is a restructuring considered by the entity as one of the measures to reduce costs. In presenting his 2021-2023 strategic plan, the CEO of Sabadell, César González-Bueno, highlighted the need to seek the bank’s profitability by all means, including the restructuring of personnel, with the aim of reducing 100 million in costs.
The announcement of the adjustment has not been well received by the unions. From CC OO they assure that “there are no reasons” to carry it out, arguing that the ERE of 1,800 employees was already made in the first quarter and that so far this year more than 200 new hires have been made, which they qualify as signal that more template is needed. They also consider that there are no economic causes (Banco Sabadell closed the first half of 2021 with an attributed net profit of 220 million euros, a 51.5% year-on-year increase), nor technical or productive reasons (“financial institutions have to be the EU NextGen funders, which will further increase business volumes and workloads ”).
As for organizational causes, the union assures that customers “are not as digitized as is intended to be understood, nor do they want to be. The workloads and influx of customers to the offices have not only not decreased, but have increased in many cases in a dangerously alarming way.
In any case, CCOO announces in a statement that it is not going to admit any approach to traumatic ERE and underlines that if it is necessary to remove people from the workforce, it should be done through early retirement and retirements (currently there would be 2,000 people over 55 years of age) online with what was signed in the previous ERE.