Blade Watch

http://www.theherald.co.uk/business/news/display.var.1444218.0.0.php

Trade unions from 12 countries representing staff working for all five banks involved in the ABN Amro bid battle are meeting in London today to plan a “cross-border coordinated response” to the sale of the Dutch bank.

The meeting staged at the headquarters of Unite by international confederation UNI will demand that the banks avoid compulsory redundancies, preserve union-negotiated agreements on staff conditions, and “enter into negotiations with Uni on a global framework agreement on core labour standards and social dialogue”.

UNI has written to the chief executives of ABN Amro, Barclays, Royal Bank of Scotland, Fortis and Santander, demanding “comprehensive dossiers setting out the financial, economic and social backgrounds to the bids”.

I wonder what the viewpoint is, how the unions perceive either deal and what they think about the loss of jobs reported on either deal (regardless of which has the most impact), with that in mind I wonder which role provides the most benefit, could you argue that the deal that saves the most jobs is simply delaying the inevitable?  Would the worker involved not be best served by a severance package allowing them to re-train/re-skill?  The banks might be cutting down in for example (in IT) windows guys, but we need VMWare and grid guys… Granted in an admin role you could be limited but once you’re in the door its easier to move around the bank in different roles.

Related posts:

1. Lloyds Banking Group to cut around 5000 jobs Finextra Lloyds Banking Group says it will cut around 5000...
2. Sun and IBM deal continues? The IT Jungle This is getting ridiculous. Well, maybe it...
3. Updates regarding Sun/IBM deal Bloomberg April 6 (Bloomberg) — International Business Machines Corp.’s talks...
4. Lloyds Banking Group announce further job losses BBC News Lloyds Banking Group is to cut a further...
5. IT’s all about having the pre-answers – of being prepared BBC news The apprentice candidates need to do some IT...

Related posts brought to you by Yet Another Related Posts Plugin.