On September 13th, negotiations began over the coming restructuring plan of the financial group Fortis, based in Belgium and in the Netherlands. The international management of Fortis, which is trying to unify its two big sectors, banking and insurance, agreed to conduct one single social plan in the Netherlands, as labour unions had asked for. “It is always difficult to explain to employees of the insurance branch why the clauses which concern them are different from those in the banking branc
…Fortis: preventive restructuring plan under negotiation in the Netherlands
Negotiations have begun over the next restructuring plan of the financial group Fortis, based in Belgium and in the Netherlands. Management agreed, in the Netherlands, to make one single plan for the different branches of the group, as labour unions had asked for. (Ref. 06912)
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