Luxembourg - Unions act against relocation plan Rothschild - January 31, 2017

Trade unions OGB-L and ALEBA have taken a stand against private bank Edmond de Rothschild's decision to move its IT department to Switzerland. A move that would make 18 people redundant in April 2018. The unions' main concern is the apparent refusal of the company's management to negotiate a social plan for the affected employees. The trade unions organised a protest rally in front of the private bank's headquarters.

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