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HomeLatest NewsCatalana Occidente presents a voluntary departure plan for 550 employees

Catalana Occidente presents a voluntary departure plan for 550 employees

Date: December 10, 2023 Time: 23:19:28

Grupo Catalana Occidente has announced to all the unions that represent its workforce -CCOO, UGT, CGT, ELA, co.bas and SICO- a plan for voluntary incentivized departures which, it is estimated, will be able to accommodate between 400 and 550 employees, as reported through a statement. The purpose of this project is to achieve a better organizational adaptation after the corporate unification of the group’s traditional business, scheduled for the end of 2023.

Specifically, the plan is part of the corporate simplicity process that the insurance group began several years ago with the integration of its platforms and services, which later with the standardization of its products and which will continue to operate with the corporate unification of Catalana Occidente, Plus Ultra Seguros, Seguros Bilbao and GCO Reaseguros next year.

In this context, Europa Press explains that the group has exceptionally analyzed future capacities and needs as a result of improvements in process efficiency and the elimination of functional duplication, and has made a first estimate of excess capacity of between 400 and 550 employees in the traditional business, out of a staff of 2,400 people. This means that between 16% and 22% of the workforce leave the entity.

The proposal for voluntary departures, which aims to compensate for said excess capacity and which is expected to be carried out over a period of two years, focuses exclusively on structure personnel, without affecting the provision of services, the customer service or mediation networks. The company explains that a period of information and consultations of this plan of voluntary incentivized departures with the representatives of the workers is now beginning, which will be carried out “with total transparency and ensuring the quality of service that we provide to our policyholders.”

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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