Protection Sought In Take-overs
A trade union movement in Canterbury was seeking protection for workers in the event of redundancy through take-overs, said the president of the Canterbury Trades Council of the Federation of Labour (Mr R. A. Hill) yesterday.
The sharp realisation of the vulnerability of workers in increasing instances of takeovers was brought about by the take-over and sudden closure of T. Armstrong and Company, Ltd, this week, he said. Christchurch had seen an 88-year-old firm with 130 employees close overnight. The unions with members involved in the Armstrong’s take-over would ask the Canterbury Trades Council to ask the national executive of the F.O.L. to investigate job redundancy through take-overs. Because of the frequency of take-overs the united trade union movement needed to formulate some definite policy to protect workers’ interests. Unless some positive step was taken the workers could be .the hapless victims of takeovers, with shareholders gaining rich benefits, he said.
■ Mr Hill this week led a deputation from the Trades Hall that requested the management of Armstrong’s to make a settlement of one weeks pay for each year of service to its dismissed employees.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19681109.2.12
Bibliographic details
Press, Volume CVIII, Issue 31832, 9 November 1968, Page 1
Word Count
189Protection Sought In Take-overs Press, Volume CVIII, Issue 31832, 9 November 1968, Page 1
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in