Company/Organisation:
Deutsche Bank
Geographic Location
Country:
Italy
Company
Sector:
Financial services
Financial and insurance activities
64.19 - Other monetary intermediation
Group:
Deutsche Bank
Employment Effects
Announcement Date:
28-12-2020
Planned Job Reductions min:
138
Type of Restructuring:
Internal restructuring
Planned Job Creation:
110
Other Job Reduction Measures:
248
Additional Information
The banking and financial group Deutsche Bank signed an agremment with the banking trade union FABI for a process of generational change. The agreement foresees 248 voluntary exits, all taking place thorugh an incentivised retirement scheme, and 110 new open-ended hirings- targeting first employees who already worked there with short-time contracts.
The agreement is part of the renewal of the Group's collective agreement, which also entails new welfare benefits (with the ticket restaurant increased up to 7€ per day by 2022), the re-insourcing of some, previously outsourced, IT activities, and a more flexible regulation of part-time, aiming at a better work-life balance.
Trade unions expressed their satisfaction for the agreement.
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