10.10.2012                      24.Tischrei. 5773                      Isru Chag

Umstrukturierung:

Hapoalim to lay off hundreds of staff

Since most of the bank's employees are party to a collective employment agreement, the bank cannot carry out the dismissals without negotiations.

Bank Hapoalim is working on a wide-ranging plan to streamline its operations and cut hundreds of jobs.
Since most of the bank's employees are party to a collective employment agreement, the bank cannot carry out the dismissals without negotiations; even then it could only lay off staff members without tenure….