Another old 'neighbour' of Battistelli

Summary: The EPO's new "compensations and benefits" chief, Gurvan Le Guern, is rumoured to be bad news to all EPO workers (except top-level management, i.e. Team Battistelli)

WE are certainly not accountancy experts, so we cannot fully interpret/verify claims that the “EPO shows an operating loss of €145,000,000” (whether true or not, based on the EPO's own disclosures), but something is truly fishy when management rewards itself at the expense of everybody else (while taking away from existing workers).

"Are EPO workers going to receive a not-so-surprising clawback announcement?"Putting aside workforce losses, the EPO is in a state of crisis and "[r]educing pensions will not make EPO more attractive," said this new comment which we received a couple of hours ago. Are EPO workers going to receive a not-so-surprising clawback announcement? Is Battistelli after the pensions now? Here is what the comment said:

Something probably related. The EPO hired a new director "compensations and benefits", which is management jargon for "pensions". The name is public: Gurvan Le Guern. You can check his Linkedin for his credentials, he was quite successful in reducing pensions at his previous posts.

Reducing pensions will not make the EPO more attractive, I would think.

It is worth noting that more and more of the management is becoming French; some are former colleagues and Battistelli and even close relatives. Just like in the Sicilian Mafia. "Nepotism" should no longer be a dirty word in the grapevine. ⬆