Dexia: ongoing negotiations on the implementation of the group’s “transformation plan”

n was announced in January, talks are flying around within Dexia’s EWC and in the countries affected, i.e. France, Luxembourg and Belgium. (Ref. 090365)

Staff representatives’ concerns. During the last extraordinary meeting of the EWC, on March 10, 2009, staff representatives said they had been “duly consulted”, meaning that they got answered – but not necessarily satisfaction – to the questions they asked the management about the transformation plan. The closing of some offices, the global...