BICE currently has a total of 461 employees, of which 452 are under collective bargaining agreement and nine under other contract conditions.
Before May arrives, the Government plans that in the Investment and Foreign Trade Bank (BICE) cut 30% of the workforce in each of its areas.
According to reports, the decision has already been communicated to the offices of the public bank. Furthermore, the Government established that starting next month presence at work will be mandatory In the institution.
This measure is aligned with President Javier Milei’s adjustment and chainsaw policy regarding the personnel of the National Public Administration. Likewise, the Ministry of Economy ordered that physical presence in the institution be total and mandatory starting in the first days of May.
BICE: what is it
Founded in 1991, BICE is a public bank that focuses on providing short, medium and long-term financing, especially aimed at productive sectors, small and medium-sized businesses, as well as regional economies. In addition, it provides comprehensive assistance to exporters, promotes business opportunities within value chains to improve competitiveness and manages trusts for the execution of strategic infrastructure works for the country.
According to the survey of the staffing of the national public administration carried out by INDEC in February 2024, BICE currently has a total of 461 employees, of which 452 are under collective bargaining agreement and nine under other contracting conditions. . If the cut of 30% of the workforce proceeds, approximately 138 employees could be laid off.
The plan to lay off public employees initiated by President Milei in December will continue systematically every three months, with a detailed review of contracts in the State and the Government’s decision to organize public buildings. The president has instructed each minister to carry out a “thorough review” of each contract that must be renewed.
Source: Ambito
