Employment - Deutsche Bank extends protection against dismissal for Postbank
In the conflict over the restructuring of its Private Clients Bank and the closure of Postbank branches, Deutsche Bank intends to refrain from compulsory redundancies until the end of September. "In the spirit of constructive talks, Deutsche Bank will extend the exclusion of compulsory redundancies for employees covered by collective wage agreements in the Private Clients Bank in Germany until September 30, 2024," the bank announced on Thursday in response to an inquiry.
Verdi and the Deutsche Bank Employees' Association (DBV) agreed with Deutsche Bank to negotiate a future package from January. According to the union, the talks are to be concluded by the end of March.
Deutsche Bank, to which Postbank belongs, announced at the end of October that it would close up to 250 of the 550 Postbank branches by mid-2026. There was "no way around" job cuts, said Claudio de Sanctis, Head of Private Customers. Verdi called on employees to protest several times. The unions also demanded an extension of the protection against dismissal, which would have originally expired at the end of January 2024.
"The agreement that has now been reached and the commitment to protection against dismissal are an important signal to the employees of the retail bank in Germany and a good basis for the upcoming negotiations," said Verdi negotiator Jan Duscheck. "Our focus is on job security and long-term prospects for the employees of the retail bank of both brands - Deutsche Bank and Postbank." DBV Federal Chairman Stephan Szukalski also welcomed the agreement.
Verdi is also demanding a 15.5 percent pay rise for the approximately 12,000 employees in the Deutsche Bank Group with a Postbank collective agreement, but at least an increase in salaries of 600 euros and an increase in training allowances of 250 euros.
Verdi on Postbank Verdi on branch closures Postbank 6.11.2023 Verdi on branch closures Postbank 13.11.2023 DBV press release Verdi press release
Read also:
- A clan member is punished here
- Traffic lawyer warns: Don't talk to the police!
- Will he be convicted as Jutta's murderer after 37 years?
- He also wanted to kill his cousin
- Despite the planned remodeling of Deutsche Bank's Private Clients Bank and the closure of some Postbank branches in Germany, a commitment to protection against dismissal for affected employees has been extended until the end of September 2024.
- The German Bank Employees' Association (DBV) and Verdi, a union representing workers in the banking sector, have agreed to negotiate a future package for the affected employees by the end of March 2024.
- In response to the job cuts and branch closures announced by Deutsche Bank, which owns Postbank, Verdi has called for higher wages and better training opportunities for the approximately 12,000 employees covered by the Postbank collective agreement.
- The United Services Union (Verdi) has also requested Deutsche Bank to extend protection against dismissal beyond the initial expiration date of January 2024.
- In a press release, the DBV welcomed the agreement between Verdi and Deutsche Bank to extend protection against dismissal as an important signal for the future of the retail bank's employees.
- Amidst the ongoing conflict between Deutsche Bank and Verdi, several German banks, including branches in Frankfurt on the Main, have been affected by tariff disputes and protests, leading to potential disruptions in banking services.
Source: www.stern.de
