China’s central bank has reached an agreement with “nearly 80%” of the workers contacted to cut staff at the bank, CEO Miguel Maya notes in a letter sent to all bank employees that Negócios has been able to reach.

Maya stressed in her letter that negotiations with workers and unions have allowed us to achieve “what we consider a remarkable success”. He explained that “without tension and in an atmosphere of respect, it was possible to reach an agreement with about 80% of the workers contacted.”

“Given the success that has been achieved and despite the fact that there are still a number of cases remaining under consideration, we already know that in order to reduce the world of workers to be laid off (up to 760 people), it will be necessary to ensure the circulation of workers who are actually likely to be laid off.”

Collective dismissal of less than 100 workers
Miguel Maya also said that the bank will start “unilateral measures to reduce the number of workers, and that the number of people who will be covered by these measures will already be less than 100 and will take into account several specific aspects.”

The banker acknowledges that the bank will continue to face “a difficult period, due to the instability that operations of this kind always cause in organizations”.