The management offered severence pay of € 3,000 (US $4,200), however the workers demanded a severence package commensurate with "the wealth that their labor has generated." Worker's delegates requested a "supra-legal" payment of € 30,000, on Thursday 16 of July the management responded with a counter offer of € 16,000. On Thursday night the worker's actions secured the € 30,000 settlement initially demanded. JLG is part of the Oshkosh Corporation, the group brought JLG in 2007 because of its very good ecomomic health, 2006 was a very good year, and the fiscal year of 2007-2008 was excellent for JLG, our best figures ever. So yes, with regards to the figures for 2007-2008 the results to come 2009, 2010 are very poor. But only in comparison with exceptionally profitable years! The crisis appears to be a belt-tightening one. This is not the optimal solution, almost exclusively the solution chosen is to lay off technicians and employees at the sites, when they are the least expensive [part of the work force]. Yes, JLG France has other ways to better manage this crisis. This would require that all tighten their belts, which does not appear to be the strategy chosen by the management. Hence the accumulation of tension in the company.
The management offered severance pay of € 3,000 (US $4,200), however the workers demanded a severance package commensurate with "the wealth that their labor has generated." Worker's delegates requested a "supra-legal" payment of € 30,000, on Thursday 16 of July the management responded with a counter offer of € 16,000. On Thursday night the worker's actions secured the € 30,000 settlement initially demanded. JLG is part of the Oshkosh Corporation, the group brought JLG in 2007 because of its very good economic health, 2006 was a very good year, and the fiscal year of 2007-2008 was excellent for JLG, our best figures ever. So yes, with regards to the figures for 2007-2008 the results to come 2009, 2010 are very poor. But only in comparison with exceptionally profitable years! The crisis appears to be a belt-tightening one. This is not the optimal solution, almost exclusively the solution chosen is to lay off technicians and employees at the sites, when they are the least expensive [part of the work force]. Yes, JLG France has other ways to better manage this crisis. This would require that all tighten their belts, which does not appear to be the strategy chosen by the management. Hence the accumulation of tension in the company.
R
severence
severance
R
severence
severance
R
ecomomic
economic