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Labor-management rift at Bank Hapoalim follows Eli Yones appointment

Workers say the bank has toughened its position in light of its plans to lay off workers and cut costs

Workers at Bank Hapoalim say that since CEO Amiram Sivan stepped down ten days ago, the management has changed its attitude towards them against the backdrop of streamlining plans, which include the transfer of hundreds of workers, Ma'ariv reports.

Last week the head of the bank's Corporate Banking division, Moshe Amit and Accountant General, Shai Talmon summoned representatives of the bank's labor unions to provide them with additional details about their streamlining plans. Amit and Talmon asked their help in transferring 289 workers, 55 of whom hold executive positions. Their request led to an assembly of the bank's workers council so as to discuss the appropriate response.

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