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MPS, 1400 EXPECTED OVERSUPPLY

MPS starts the reorganization plan

Get in on the proposed reorganization of Banca Monte dei Paschi di Siena, which provides in the period 2011/13 the reduction of organic 1.4o0 'employees, saving on staff, when fully implemented, 180 million. In total, by the current 10,755 of central bank Banca Mps (group has about 28 thousand), it will fall to 9,355 employees. In a memo sent to law-credit, Fabi, FIBA \u200b\u200b/ CISL Fisac \u200b\u200b/ CGIL, Uilca and UGL, Mps writes that "the simpler operations will be facilitated by the significant reduction in the number of organizational structures now present the determination of minimum size criteria for organizational structures. " On the network, the third Italian bank is to maintain the current 11 regional areas, which will be restructured in terms of organizational structure, by simplifying the structure. Compared to the current staff of 1,301 units, is descend to 1,076 employees, a decrease of approximately 225 resources.

As for the structures parent company, the project aims to shorten the marketing chains, streamline the organization, reduce or eliminate the activities with a lower strategic value. Compared with the current staffing of 4,778 units, the parent company will have 555 surplus, the Departments network operating 250 of 1444, the unit posted fall by fifth by implementing them • 1107, while posted to the Consortium operational group from the current 2,826 employees will drop to 2506 with 320 surplus. The plan, which involves both spatial distribution of commercial channels that the structures of the parent company, has been explained in recent days to trade unions at a meeting in Rocca Salimbeni. In the coming days, the negotiations will continue further in the coming detail.

(Feat. ISVO)