ERE in sight at Santander Bank. The entity plans an employment adjustment on 3,000 workers for economic causes derived from Covid-19, as reported by “Expansión.” And the reaction of the unions has not been long in coming: the workers’ representatives have been enraged by this news since, they say, nothing has been communicated to them.
The aforementioned economic newspaper assures in its edition today that the unions are aware of the possible ERE, although since Workers Commissions and UGT deny the major in statements to ABC. Their anger is enormous and they assure that if that intention is true, they already start the process with a crooked foot.
CC.OO. has stated that this news “dynamites all bridges” between the organization and the entity. The message from UGT is very similar, and they wait for the bank to inform them about it.
In this sense, according to union sources, this week they will have a meeting with the company to address this possible ERE and seek an understanding. It should be remembered that in the last three years two employment adjustment processes have already been undertaken, with more than 4,000 workers who had to leave the entity.
The integration of Banco Popular led to two job adjustments since 2017. The first, in that year, had 1,100 employees, affecting central services. And the second, in 2019, covered 3,200 workers. Less than a year later, the shadow of the ERE once again hovers over the financial institution. Thus, the dynamics in the company has always been not to have to literally reach the extreme of layoffs, but rather to deal with early retirement and incentivized leave. A trend that has also been followed in the rest of the sector in recent years.
From Santander, where appropriate, they neither confirm nor deny the information. Ana Botín, its president, has referred to this at the shareholders’ meeting, which was precisely held today, to defend that in any process of this nature the first thing they would do would be to inform the unions. This anticipates that the procedure has not yet started and would still be in the intentions phase.