"Yeynot Bitan": employees were notified they could voluntarily retire and receive the full conditions

Posted on Feb 9, 2020 by Ifi Reporter - Dan Bielski

About two weeks after the signing of the memorandum of understanding with the Klirmark Fund, which is supposed to inject about NIS half a billion into a group of "Yeynot Bitan" and to allow it a financial breathing space, Nahum Betan is promoting the streamlining process. After negotiations with the workers' committee, Mega employees were notified this morning that they could voluntarily retire and receive the full conditions as if they were fired.
"Employees who would like to terminate their work at the company will be allowed to terminate by severance agreement and receive a letter of dismissal, advance notice, account completion and release of funds as well as a long-standing grant." The statement was sent by the chairman of the workers' committee Eyal Eli. It is estimated that the company wants about 300 of the employees to retire, while on the part of the workers there are only a few dozen.
Recall last November, Pavilion announced that the company's management has begun discussions on streamlining processes in cooperation with the Histadrut. The announcement meant that some 3,300 mega-workers would be laid off or forced to retire and the conditions of some of them would be exacerbated.
As a result, a discussion was held between the parties in the Histadrut and a joint decision was taken on the initiation of a joint discussion that will focus on streamlining processes at headquarters and branches, in order to bring the network back to a growing business activity path. Among the streamlining measures that the Pavilion Wines Management has examined in recent months besides layoffs, change in closing and opening hours of branches, shifting of offices, merging of various jobs, streamlining of office work, part-time optimization, transfer of positions of contract workers to existing employees.


ABOUT IFI TODAY

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum

Newsline

El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →

SACHEK NA Introduces New 3D Plastic Puzzle Collection Featuring Iconic Cars

Aug 25, 2026 by Ifi Reporter - Dan Bielski

Israeli toy and puzzle company SACHEK NA, owned by Meir Klughaft and Yossi Bar-On, is introducing a new collection of 3D plastic vehicle puzzles, combining traditional puzzle assembly with three-dimensional model building. From Porsche and Ferrari to the Harry Potter Bus The new... Continue reading →


Testimonials

No testimonials. Click here to add your testimonials.