MADRID, 21 Mar. (EUROPA PRESS) –
The Association of Swiss Bank Employees (SBPV for its acronym in German) considers it necessary to freeze layoffs until the end of the year as part of a “rescue package” for employees of Credit Suisse and UBS, after the merger orchestrated by the authorities from the Swiss country last weekend.
In a conference this Tuesday, the Association has defended the need to minimize the destruction of employment, for which it calls to “freeze layoffs until the end of 2023” and to bet, whenever possible, on early retirement.
“There is also a shortage of skilled workers in the financial sector. But the acquisition threatens to eliminate jobs on a scale that the labor market in the banking industry could not absorb,” they add.
In this sense, the SBPV points out that, when job cuts cannot be avoided or are implemented through early retirement, UBS and Credit Suisse must make an effort to make it easier for those affected to find a new job.
Likewise, he emphasizes that when companies receive support with taxpayer money, it cannot be “that employees leave empty-handed”, for which reason he defends that the bank bailout should also mean “job bailout”.
In this way, he claims that the billions in guarantees from the federal government must be linked to conditions in favor of the employees.
