“No restructuring”, assures ING management

2023-09-26 17:28:54

ING management and the unions discussed a collective labor agreement (CCT) on Tuesday afternoon with a view to the development of certain departments. The agreement notably offers employees whose work will be automated the possibility of taking “early retirement” or voluntarily resigning in exchange for compensation.

Management and unions did not give concrete details on the number of employees potentially affected, but the bank refuted the idea that it was a series of layoffs or a restructuring.

“ING strongly denies the allegation of a possible restructuring as in 2016,” we read in a press release.

However, according to the bank, explanations were given during the ordinary works council on “very specific organizational changes for the next two years”.

Concretely, this mainly concerns developments in departments where a large number of tasks have been automated or digitized in recent months, indicates the bank. These include administrative tasks.

In this context, three options are available to the employees concerned, specifies the ING spokesperson. “Internal mobility”, i.e. a change of job within the company, a voluntary resignation with compensation as in the case of dismissal or, for employees close to retirement age, an early departure in case of long career, as provided for in the recently renewed collective agreement.

For this last option, “employees who wish to apply will be informed personally in the coming days”, specifies the press release. The persons concerned must have at least 10 years of service and be four years from retirement age.



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