Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-10-27-Speech-3-163"
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"en.19991027.5.3-163"2
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"Mr President, first of all I would like to express my real and genuine sympathy to all those who lose their jobs through no fault of their own as a result of corporate restructuring. I say that with real feeling and authority because I have been in that position myself. I have been unemployed and it is no fun.
But the best way to promote job security is for companies to be successful. The best way for companies to be successful is for them to be competitive in the global market. To disagree with some people opposite, it may not look good in the newspapers but the best time – indeed the only time – to make restructuring plans is when you are strong. If you wait until you are weak, you have to take much greater action and lay off more people. That is very much a fact of life.
Companies clearly have many responsibilities but their primary responsibility is to survive as an employer and to take the necessary steps in order to do that – and I do not believe it is for us in this House to lecture them on the best way to do it or to comment upon whether that restructuring is “intelligent” or not. Rather it is for us and indeed for governments to see what we can do to help, as far as is possible, avoid the problem in the first place. That means looking to see where we can reduce the burden of unnecessary regulation which adds costs to business and to see how far we can reduce the non-wage costs on business which, in turn, encourage companies to shed labour as the best way of saving large sums of money. That is the real issue which we should be debating today.
Finally I would say that all too often government intervention can get in the way and make companies less competitive. We must make sure for the credibility of this House that we do not fall into the same trap."@en1
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member; Delegation for relations with the Mashreq countries and the Gulf (1999-10-06--2002-01-14)3,3
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