March 4, 2024

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Union concerns over 'several hundred' jobs at Worldline Belgium |  Economy

Union concerns over 'several hundred' jobs at Worldline Belgium | Economy

Job losses at payment processor Worldline could amount to “several hundred jobs” in our country, a total of about 1,400 people. The Christian employee union ACV Puls expressed this fear in a press release on Friday.

The French group's management announced on Wednesday that it wants to cut up to 8 percent of jobs worldwide. The company has 18,000 employees worldwide, so there are likely more than 1,400 jobs.

Fear of great influence in our country

It is not yet clear what impact this will have in Belgium. The company only confirmed that Belgian activities were involved. Worldline employs approximately 1,400 people in Belgium at offices in Evere and Zaventem. But the unions fear a major impact in our country. If hundreds of jobs are suspended, the Belgian division will be relatively more affected.

In a press release, ACV Puls said, among other things, that Belgian management denied restructuring plans in August, despite concerns among unions. “However, the management was very reassuring and stressed the Belgian proactive approach to avoid redundancies at all times, by prioritizing cost reduction and improving working methods,” she added. “Now it looks like that plan was: a mass dismissal to boost the stock price!”

Now the Green Union, and its French-speaking counterpart, the CNE, are demanding transparency over financial figures, and will do everything they can to maximize job retention. “We hope that we can develop a beneficial social plan for the employees who leave and obtain guarantees for the employees who stay.” A staff meeting is scheduled for next Wednesday, February 14.

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