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Bank workers at BRD – Groupe Societe Generale, one of Romania’s largest banks, will hold a two-hour warning strike on 13 August after overwhelmingly voting to reject a new contract that slashes existing protections and benefits. Negotiations for a new company-wide collective agreement between BRD and IMPACT Union – affiliated to UNI through Romanian federation FSIF – broke down after the bank unilaterally proposed a new contract which would strip away or water down benefits, including protections against dismissal, meal and holiday vouchers, loyalty bonuses, pension contributions, transport reimbursement and family-related benefits, as well as adequate pay rises for staff on the lowest wages. "Our members are not asking for privileges," says IMPACT Union president Razvan Carstoiu. "They are asking BRD to preserve rights already negotiated."