Unicaja agrees with the unions the fourth major ERE of banking in 2021 with 1,513 layoffs

White smoke. After two strikes and two marathon days of negotiation, Unicaja has reached an agreement in principle with the unions to formalize an ERE that will finally affect 1,513 workers, as reported by the representatives of the template after the meeting this Friday. The workforce adjustment is the fourth that occurs in the big bank so far this year and occurs after the absorption of Liberbank by the Andalusian entity, agreed 12 months ago but formalized in summer.

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The trade unions have welcomed the fact that the process has been made prioritizing voluntariness, avoiding forced dismissals. The agreed conditions are as follows. For those over 63, the bank offers 20 days per year worked and a maximum of twelve monthly payments. Between 54 and 62 years of age, Unicaja proposes payment of 65% of gross salary, with a ceiling of 79% of net salary. In addition, a special Social Security contribution agreement with a discount on the unemployment benefit and allowance. Between the ages of 50 and 53, the bank guarantees 65% of gross salary with a maximum of seven annuities. For those under 50, the Andalusian group proposes 40 days per year worked with a limit of 36 annuities, plus an additional compensation of 1,500 euros every three years and additional bonuses ranging from 6,000 to 15,000 euros.

The pre-agreement has been endorsed by 75% of the unions. From CCOO have explained that they value “positively” the conditions since it “protects” those under 50 years, a group that, as they point out, had initially focused the process. The agreement also provides for different compensation for worker mobility.

The ERE of Unicaja thus joins the others that have been agreed throughout this year. The largest was that of CaixaBank, after absorbing Bankia, which resulted in 6,432 redundancies. BBVA laid off 2,935 workers. Sabadell, already this autumn, agreed an ERE for 1,605 workers. Previously, in December last year, the Catalan bank had already encouraged 1,800 departures, Santander had made a cut of 3,572 workers and Ibercaja had dismissed 750 employees. In total, 18,000 layoffs announced since December last year.

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