ROME. the eve of The launch of the capital increase, Unicredit closes with the trade unions the agreement on redundancies provided by the plan: 3.900 outputs will be on a voluntary basis with incentives, while there will be 1.300 recruitment and stabilization of 600 apprenticeship contracts.
Are redundancies in addition to 6 thousand outputs already set forth above, a consequence of the desire to quit more than 800 branches in the context of the industrial plan to relaunch the same at the base of the capital increase from the 13 billion that will start at the first trading session of the week. In a first moment the the request of the bank, had found the opposition of the trade unions, worried that the non-turnover does cause problems to the operation of the branches and critical of the fact that in view of the losses that emerged in the summer (which led to the launching of the ‘maxi-increase’) there were grave repercussions for employees.
Now, the agreement provides the absolute voluntariness of the outputs (and also thanks to the funds made available by the government for the sector) and a major mechanism of turnover. In addition, in the three-year horizon of the plan has been given a guarantee that there will be new redundancies, or plans to exit.
it was reached an agreement on the frameworks, on health care and on the prize in 2016, which will be paid 600 euro in cash and 800 in the form of welfare. “It is an agreement, reached after a negotiation is tough, that looks to the future and emphasizes the workers in a perspective of a clear break with the past”, commented Mauro Morelli, national secretary of Fabi, and Stefano Cefaloni, coordinator Fabi Unicredit, according to which, “after six years I have also been unlocked in the career paths with a new agreement on the job description”.
“The sense of responsibility of the trade unions has enabled them to manage in a totally voluntary way the huge anticipated outputs, but also, and above all, to create the conditions for a relaunch of the bank through the development of staff, recruitment and the establishment of a bilateral commission on the organization of work”, adds Giulio Romani, secretary general of the First Cisl, while, according to the secretary general of Uilca, Massimo Masi, the one concluded with Unicredit is “a good agreement, but now the second largest bank of the Country will have to prove with facts which business, which model to adopt”.
“The agreement is important and positive” is also defined by the general secretary of Fisac-Cgil, Agostino Megale, with the bank that confirms how “in the face of the achievement of the objectives of the agreement on staff reductions, Unicredit has committed to not activate any more plans redundancies in the period 2017/2019, in order to create in the staff a sense of stability and confidence”.
“With the understanding you complete the phase of negotiations with the trade union organisations of the Countries (Italy, Germany and Austria) in which the strategic plan involves staff reductions: on the basis of these agreements – adds Unicredit – the implementation of the provisions of the plan for the structure of employment in the group is defined and certain, with the redundancies that will be handled with plans of early retirement on a voluntary basis through access to the solidarity fund of the financial sector.
if we look instead to the imminent recapitalisation, the shares of Unicredit will start from a price of 13,11 euro, after the detachment of the right of option that will be listed separately at a price of 13,05 euro. You will be offered the opportunity to subscribe for 13 new shares for every five securities in the portfolio, with the price of the savings 37.3 euros. On the increase – guaranteed by a pool of banks – there is the expectation for the choices of the shareholders of the weight as Capital research (6,7%) and CRTorino (2,2%), likely to comply, with Aabar from Abu Dhabi should dissolve the reserves in the short term.
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