News

After intense negotiations with Santander involving FABI and other Unions, an agreement has been achieved.



All Twenty workers fired from Santander will be entitled to access, upon request, to the Emergency Fund, the social safety net

that will  allow them to receive approximately 80% of the salary for the next two years.



Negotiations with Santander have been particularly complex .



The Spanish institute, about a month ago, had decided to close the branch of  "Debt Recovery"  due to economic reasons, and laid-off 20 employees applying the new Labour Law ("Fornero Law").



The initial plans were to proceed to the lay off, without any agreement with Trade Unions that could have protected workers.



Then, after a strong mobilization of Trade Unions, which intervened upon ABI (Italian Bankers Association) and UNI Global Union, the bank began to rethink the initial plan and Friday an agreement has been reached.



"We are pleased,"   said Cosimo Torraco, FABI-Turin Provincial Secretary with responsibility for Santander, "because we were able to give significant guarantees to redundant workers, which threatened to stay at home without salary and hope to get a new job, because of the new "Fornero" law.



With this agreement,  the banking companies will be encouraged to re-employ these workers through special tax breaks. "