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Bnl, plan ready: 700 redundancies and 100 closures

The reorganization launched by the managing director Andrea Munari aims to relaunch the group's profitability. Negotiations with the unions are now starting to reach a decision by December.

Bnl, plan ready: 700 redundancies and 100 closures

A sharp cut in personnel costs with 700 redundancies, a 30% reduction in incentives for personnel, the request for 12 days of solidarity and the closure of another 100 branches: these are the figures in the new BNL industrial plan launched by the managing director Andrea Munari eleven months after his arrival in via Veneto. Bnl's slimming treatment, according to what trade union sources report to Radiocor, is motivated by the company with the need to raise the bank's profitability, judged too low by the shareholder Bnp Paribas.

The reorganization desired by Munari aims to relaunch the corporate vocation of Bnl which will open a center in Milan for large customers and will have corporate offices in both Naples and Rome. Munari's attention to corporate was already seen in the first choices made in via Veneto: last July the managing director took over the powers of corporate management for himself, taking them away from the deputy general manager Alberto De Angelis.

The BNL drawn up in the new industrial plan, the eighth since it was bought by the French in 2006, going down from 14 to 11 employees, changes the structure in the territory with ten macro areas compared to the current 4 with the aim of speeding up responses to customers. According to the data reported by the unions to which the plan was illustrated yesterday, investments in IT and the enhancement of the online bank Hello Bank are expected. The Directorate General in Rome will also be streamlined.

A confrontation is now opening between the bank and the unions which promises to be bitter in order to reach an agreement on the reorganization by December. The 700 employees who will have to go to the redundancy fund will meet the requirements for retirement in 2019 and 2020. The bank has also announced 100 entries between hiring and stabilizations. The measures to reduce personnel costs include the freeze on advancements which was foreseen by a recent agreement on job classifications and also the freeze on the loyalty bonus after 25 years in the bank. However, the 30% cut in the incentive salary is the aspect that the trade unionists questioned define as "unacceptable" recalling the six million received by the six top managers in 2014. With regard to the network, between 2012 and 2016 Bnl has already closed a hundred agencies and today it counts on 787 agencies with cash desks which, added to the 190 points of sale, lead to a total of 900 agencies, obviously too many for a market undergoing profound transformation and Munari's plan provides for the closure of another 100 with the need to reconvert, according to trade union calculations, at least 300 people.

Ggz (RADIOCOR) 12-10-16 10:15:04 (0189) 5

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