After announcing €796 million losses over the firth three quarters, the Banco Commercial Português (BCP) made known that it will seek to lay off another 600 employees. A spokesperson said the bank hopes to achieve the jobs cuts through voluntary redundancies and natural attrition. Earlier this year, the BCP cut 93 jobs.
English: http://theportugalnews.com/news/bcp-reports-big-losses-and-job-cuts/27162
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.