Employees of Credit Suisse bank should not pay for the mistakes of bank managers and authorities. The union confederation SGB supports the banking staff association in its commitment to preserving jobs and a good social plan. Mismanagement by Credit Suisse management and the collective failure of regulation led to the historic bailout. The employees are shocked about the impending consequences: both banks have a duty to prevent redundancy among employees. There is a lot at stake for the 17,000 employees of CS, and tens of thousands of jobs are potentially at risk indirectly.
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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.