Social plan foreseen at Kyndryl, which takes over 130 BIL employees
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From September 1st, 130 employees of the Banque internationale de Luxembourg (BIL) will be transferred to the company Kyndryl, as part of the outsourcing of the bank's IT activities. However, the American digital infrastructure and services giant, established in the Grand Duchy in Bertrange, foresees a social plan affecting at least 24 employees, revealed the LCGB and OGBL unions on Tuesday in a press release. They regret that the company had known since July 9th about the existence of a social plan and had, "at no time, informed the management of BIL." The two unions deem it "inconceivable that employees can be transferred to a company when such important information concerning the social situation of their future employer has not been communicated transparently." They "demand the safeguarding of the existence of all employees working at Kyndryl and future employees transferred from BIL." Contacted by L'essentiel, the bank specifies that Kyndryl had publicly announced in May, during the publication of its financial results, "a rebalancing of its global workforce, the precise terms of which we do not know." Furthermore, "the partnership between BIL and Kyndryl and the decision to eliminate 24 positions are distinct and not linked to each other. At no time has this decision by Kyndryl called into question or interfered with the project to expand our strategic partnership," it...
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