Job cuts. The recovery plan also comes with a global staffing cut plan, presented on January 31, to the EWC first and then to the group’s national works councils. Thus, the group decided to give priority to European representatives because of the transnational impact of the plan. Dexia’s press release reads: “the main elements presented to the works councils are as follows: 1/ a reduction of about 900 full time positions for the entire group in 2009; 2/ the reduction will take place using instruments adapted to the diversity of situations prevailing in those of the Group’s entities which are subject to the plan; 3/ each departure envisaged will have the benefit of specific support and monitoring measures.” “This plan will be discussed respecting the culture of social dialogue which has always prevailed in Dexia” the group said, reminding that it “will use all levers allowing the impact on jobs to be reduced to a minimum.”
s. The recovery plan also comes with a global staffing cut plan, presented on January 31, to the EWC first and then to the group’s national works councils. Thus, the group decided to give priority to European representatives because of the transnational impact of the plan. Dexia’s press release reads: “the main elements presented to the works councils are as follows: 1/ a reduction of about 900 full time positions for the entire group in 2009; 2/ the reduction will take place using instruments
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