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The UNI Finance affiliates from Italy express their concerns about the upsetting news coming from Barclays top management actually envisaging 21.000 redundancies throughout Europe. Barclays recently announced that there would not be so many job cuts, but the situation is still worrying.
The Italian Trade Unions reaffirm that any restructuring process should respect the fundamental principles of social dialogue and collective bargaining.
The Italian Trade Unions question the announced strategy, which implies job cuts and branch closures around Europe.
The unions ask Barclays top management to take the responsibilities of the decisions that have been taken in the last decade and their impacts on the operating results.
The remuneration level of the top management remains often very high and not sustainable in terms of fairness, when the company claims that costs have to be reduced.
The unions express their strong opposition to further compulsory redundancies and ask for an in-depth information consultation and negotiation process actively involving all stakeholders in their respective role and prerogatives.
The Italian unions invite all the Uni Finance Affiliates in the countries represented in the European Barclays Group to a join a common effort and set up a Trade Union Alliance to keep up with the current unprecedented challenges.
The goal is to work with a mutual and genuine attitude for the social partners to cooperate in a constructive manner.
Trade Unions in Barclays Group
DIRCREDITO FABI FIBA FISAC SINFUB UILCA UNISIN
UNI FINANCE Affiliates