Banco Sabadell and unions will resume this Thursday afternoon the negotiation of the conditions of a workforce adjustment, union sources report and confirm from the entity, which has highlighted its willingness to “accelerate the roadmap to gain efficiency”, beyond of a possible merger with BBVA.

The objective of the financial institution is to close an agreement this week with an adjustment that affects 1,800 people, which would mean a saving of 115 million euros in annual costs, a neutral impact on capital and 1,300 million more surplus capital gains, they figure these sources.

As for the unions, they have explained that they hope to reach an agreement as soon as possible, for which they have been negotiating for several weeks, so that it implies the best conditions, “with the aim that their dismissal is not traumatic.”

Labor negotiations were temporarily postponed on November 17, following the announcement that Banco Sabadell and BBVA are analyzing a possible merger.

CC.OO. He said then that, if there were a merger and a subsequent restructuring, “this should preserve employment with the application of voluntary and non-traumatic measures.”


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