UNI Americas criticizes Banco Santander's labor practices in Latin America

UNI Americas has voiced its support for trade unions in Latin America, criticizing Banco Santander for alleged anti-union practices. The organization claims that finance sector workers from Argentina to Peru are experiencing layoffs, job insecurity, and harassment.

In Argentina, the Asociación Bancaria declared a nationwide alert, accusing Santander of staff reductions and violating collective agreements. Sergio Palazzo, General Secretary of La Bancaria and UNI Americas Finance vice president, stated, “Banco Santander’s attack on labour rights knows no borders.”

Brazilian unions report increased outsourcing leading to layoffs. Juvandia Moreira, President of UNI Americas Finance and CONTRAF-CUT, commented on the bank's practices: “Banco Santander cannot present itself as a responsible company while laying off, outsourcing, precarising and persecuting the very people who keep its operations running.”