BRB studies voluntary dismissal for 15% of employees
Journalist graduated from the Federal University of Mato Grosso, with an extension in economic journalism from Fundação Getulio Vargas. Worked at the newspaper O Estado de S. Paulo. She is a reporter for Oeste in São Paulo.
TL;DR
- BRB plans a voluntary dismissal program targeting up to 500 employees (around 15% of permanent staff).
- The program is expected to start in December, with criteria for participation still being discussed.
- Privatization of BRB is being considered again after the re-election of Governor Celina Leão.
- BTG Pactual has been rumored to be interested in acquiring BRB, but the bank denies any negotiations.
- The bank is facing a financial crisis due to operations with Banco Master, which reportedly caused a R$ 5 billion deficit.
- Former BRB president claims the former governor requested the structuring of a sale to Banco Master's former controller.
- BRB employees have a two-year job stability clause in case of privatization.