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The adjustment came to YPF: the oil company launched a voluntary retirement plan

2020-07-09T04:59:28.895Z

It contemplates double compensation. Unions say they want to pay it in 36 installments. The company has 20,000 employees and the union says the reduction aims to drop them to 16,000.



Martín Bidegaray

07/07/2020 - 19:57

  • Clarín.com
  • Economy

Almost two months ago, the YPF president -Guillermo Nielsen- said that the oil company "could not continue with so many employees." Although he clarified that there would be no layoffs, he was announcing his concern. On Monday, the oil company began offering a package of voluntary retirements to workers who are not of retirement age . The measure generated rejection by Supeh, one of the unions in the sector.

The company did not formally report how many employees it wants to adhere to the retirement plan, but the union talks about 4,000 workers.

The retirement offered by the company is the equivalent of a double indemnity and an extra such as Christmas bonus and choosing the best salary as the basis for calculation. It also includes a three-year medical plan, with voluntary adherence. “YPF has initiated a disguised layoff plan for non-Convention personnel. Said plan translates into an "invitation" to a voluntary retreat program paying a tempting indemnity but payable in 36 installments, "complains a Supeh statement.

The unions were invited by the YPF leadership to participate in the dialogue to optimize resources and there were talks. However, the communication of the retirement plan came without some trade unionists being aware that this would happen, according to union sources told Clarín.

“In a current situation like the one we have to live in, it is unheard of to face people with a future of lack of protection on the part of a state company. We all know how much it costs to train an oil worker and that in the not too distant future they will be necessary again when the activity is reactivated, ”says Supeh.

Invited by a US energy institute to participate in a video conference, Nielsen displayed YPF's number of worker numbers per well and compared it to the same number from other oil companies. The number showed that YPF outperformed other companies in the sector, both regional and international. Since April 30, the CEO of YPF is Sergio Affronti.

"Do not feel obligated or pressured, think that what seems tempting today can be great damage in the medium term," Supeh - whose secretary is Antonio Cassia - warns his affiliates. "We ask the authorities of the company and the National Government for reflection," said the union in a statement.

In late May, Clarín reported that YPF was studying a reduction in its labor costs, as a consequence of the pandemic. The oil company denied it. His voluntary retirement plan has been running since Monday.

YPF has 20,000 employees and is the largest company in the country, with a turnover of $ 675,000 million in 2019. The national government sought for the oil company to go to Vicentín, the oil company in trouble. "Instead of expanding into new segments, they should take care of oil revenues," says a trade unionist, who says he has a good dialogue and appreciation for Affronti.

YPF has been restructuring its production and refining operations, with the appointment of new managers responsible for those segments and their teams.

Source: clarin

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