Bradesco dismisses more than 500 employees, according to union | Business

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Bradesco has laid off at least 524 employees across the country in the past few days, according to a survey by the Union of Bankers and Financiers of São Paulo, Osasco and Region. Most of the cuts – about 250 – are concentrated in Greater São Paulo.

According to the union, the layoffs started in the areas of human resources and by Unibrad (corporate university), but now they extend to several departments and agencies as well. Bradesco is among the companies that, at the beginning of the crisis, pledged not to make cuts in the most acute period of the pandemic. However, the internal understanding is that this deadline has already expired. Wanted, Bradesco did not comment on the matter.

At the end of June, according to the most recent data available, Bradesco had 96,787 employees.

In early October, the bank announced a wholesale restructuring, with a reduction of two hierarchical levels. The changes would result in the cut of 23 corporate executives, said the bank’s wholesale vice president, Marcelo Noronha.

In September, the union also accounted for more than 1,000 layoffs at Santander across the country since the crisis began.

– Photo: Claudio Belli / Valor

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