Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

EPMU welcomes General Cable decision to defer redundancies

EPMU welcomes General Cable decision to defer redundancies

The Engineering, Printing and Manufacturing Union (EPMU) welcomes today's announcement by General Cable that it will put off planned redundancies for the rest of 2011 following the February earthquake in Chistchurch.

"It's good that General Cable recognises the difficult times ahead for employees and their families and is acting responsibly by retaining valuable skilled workers who would not be easy to replace," says EPMU lead organiser Phil Knight.

"Our members at General Cable in Christchurch are still anxious about the prospect of redundancies following in 2012 so we will need to take up their concerns with the company in due course," he says.

"In the meantime we will continue to engage constructively with the company on the remaining issues and encourage other Chritchurch-based companies considering redundancies to follow the lead that General Cable is giving on this."

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Official Cash Rate Unchanged At 1.75 Percent

Global economic growth has increased and become more broad-based. However, major challenges remain with on-going surplus capacity and extensive political uncertainty... More>>

Kaikōura Earthquake: Private Insurers Receive $1.8b Claims

Insurance Council Chief Executive Tim Grafton said most is for commercial loss at $1.36 billion, with residential claims amounting to over $460 million. “...We have a high level of confidence that most people will have received settlement offers by the end of this year." More>>

ALSO:

Forms And Data: New Proposals To Simplify Personal Income Tax

The Government is proposing to make tax simpler for individuals, with people whose only income is from a salary, wages or investments no longer being required to file tax returns to receive tax refunds or to calculate any additional tax. More>>