News

11/24/2008 - In its letter to CEO Pandit, UNI asked that management at all levels engages with unions and employees in dialogue on the planned restructuring measures.



The announcement to cut 75,000 jobs worldwide and the second US government bail-out has hightened the concern of Citigroup employees worldwide.



As one of the most global banks, Citibank has an obligation to ensure full transparency to employees and unions with regard to the planned restructuring programme and its impact on staff in all its respective countries of operation.



"In line with good industrial relations practice, we ask Citigroup’s management at all levels to engage with unions and other employee representatives in dialogue on the restructuring measures systematically and in a timely fashion," said UNI’s General Secretary Philip Jennings.



In particular, the unions request that Citigroup urgently:

• meets with UNI Global Union and its affiliates on the global dimension of the restructuring programme,
  
• convenes a special meeting of its European works council on the measures,
  
• ensures that its different national workforces and their trade unions are fully informed and involved in the restructuring processes affecting them.

For UNI Global Union and its affiliates, it is essential that the programme is implemented without compulsory redundancies. Trade unions and workers’ representatives have to be fully consulted and involved in the restructuring process.



"With the bail-out given to Citibank by the US government," said Jennings, "there is a special obligation to conduct its business in a responsible fashion that engages all stakeholders actively and positively, including employees and their trade unions."



Letter:



Read also:

Unions call for good corporate citizenship from Citigroup

http://www.uniglobalunion.org/unipropertyn.nsf/7f9bc1ab9d900747c1257044004ba821/dca360332df90613c12574ef00469471?OpenDocument