Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-12-16-Speech-2-313"

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"en.20031216.3.2-313"2
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"In the case of takeover bids, some Members would like staff representatives of the businesses concerned to be better informed than this directive provides for them to be. So be it, but why then does one of these amendments simultaneously propose the acceptance of ‘confidentiality clauses’, which in the end means restricting information to certain delegates and denying it to the workforce as a whole? In addition, even if these amendments were adopted, that would not protect workers at all from the tragic consequences of buyouts, in particular, mass redundancies under the pretext of restructuring. European authorities are concerned with bringing some degree of unity to this jungle-like system, as this House is doing regarding takeover bids. They are, however, wildly scorning those who, year after year, takeover bid or not, find themselves in ever greater numbers back on the streets because reducing the workforce, and therefore the salaried masses, is one of the ways in which those who possess capital can increase the price of their shares on the Stock Exchange. Only a ban on mass redundancies could protect workers from the tragic consequences of takeover bids for jobs. We voted against this report."@en1

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2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz

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