Spain: Unions reject Lloyds restructuring plan that foresees 190 layoffs

The unions rejected "again and unanimously" the restructuring plan of the financial institution Lloyds Banking Group, which resulted from the merger completed earlier this year in Halifax Bank of Scotland (HBOS) and Lloyds TSB, which includes the dismissal of 190 workers.
According UGT said in a statement today, the unions held another meeting yesterday with the address of the entity in which the company presented its bid that seeks to reach agreement with the employee representatives.
He added that previously, the agency gave "a small part of the basic documentation that was requested by the unions" and I pose in their pre-retirement program and downs through layoffs.
UGT explained that on the basis of surplus staff of 190 employees that the company raises, of which 46 must be reduced early retirement of people born in or before 1952, is added confirmation that these 46 people will leave the retail banking in its entirety.

He added that of the 144 remaining workers, the company says it could extend a hand early retirement, provided that the unions accept the early retirement call "industrial", which means that the charge on early retirement and unemployment benefits to supplement income bank fixed, dismissing the rest.Thus, explained that conditions are that the bank planned early retirement with 80 per cent of Pensionable Salary (SP) net, that is, minus income tax and social security contributions.
In addition to paying the Special Agreement to the Social Security retirement age.

However, he indicated that the direction of the entity is not identical issues "very important" as the early retirement age, retirement or the end, though is around 63 or 64 years.
As for layoffs, UGT says the company expects to take place through a Force Adjustment of Employment (ERE) by extending the 20 days per year of establishing this formula up to 40 days per year, of which only the top 20 would be tax exempt and the remaining 20 should be taxed.

Finally UGT said of such proposals, the unions reject the offers, but said they would file a unitary alternative to the company's offer in the near future.
He added that employee representatives nor accept any closure "unilateral" branches.
"We do not accept or dismissal and we are concerned not only the 190 employees that the bank intends to cut now, but also the viability of the new bank resulting from the merger to the address we accuse them of lack of commitment, in the absence of a specific project for the future