A social plan has been signed for the planned dismissal of 150 workers at the Banque LBLux SA. In a joint press statement the trade unions revealed that negotiations for the social plan had been ongoing since March 13. They concluded with the signing of a social plan, which includes a variety of social and financial measures to help the staff affected. Among the measures, will be a budget for training and placements and compensation related to employees' age and seniority within the bank.
English: http://www.wort.lu/en/view/150-luxembourg-staff-laid-off-at-banque-lblux-sa ...
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.