More than a quarter of RiverBank employees will lose their jobs

OGBL, ALEBA and LCGB trade unions announced the signing of the RiverBank social plan. Due to the losses in the last two years and general economic instability, the bank decided to reorganize its structure. Because of this, 13 jobs out of 44 are subject to reduction. Previously, it was planned to cut 17 jobs, but in the end the number was decreased.

Most of the laid-off employees work in the IT sector. The bank has already promised additional support measures for them. A little earlier, another bank — EWUB — announced the dismissal of half of its staff in Luxembourg.