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The Straight Story

(48,121 posts)
Tue Feb 26, 2013, 06:13 PM Feb 2013

French factory workers in last-ditch plea to Obama


...

But workers at a foundry in Vaux, central France will be desperately hoping the man they have asked to come to the rescue is more cooperative than the CEO of the American tyre firm, Maurice Taylor.

In a last ditch effort to force bosses to meet their demands for compensation, the 168 employees at the DMI foundry, which makes metal parts for cars, have written a two page plea letter to President Barack Obama.

...

The desperate workers want Obama, who is struggling to kick start the US economy, to use his unrivaled clout to apply pressure on Platinum Equity, which is the main US shareholder in DMI.

“Mr President, in France, the law provides that in such circumstances shareholders are subject to certain obligations, including those that require assistance to be given to employees who are laid off,” the letter reads.

“Up until now, despite our different demands, the group remains silent and has not listened to us. Please allow us to ask for your intervention with Platinum Equity so that they become aware of French law.

“It is inconceivable not to compensate the workers,” reads the letter which was signed by Didier Verrier, the CGT union delegate.

http://www.thelocal.fr/page/view/french-factory-workers-plea-to-obama-for-help#.US0zFTfyCSo
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French factory workers in last-ditch plea to Obama (Original Post) The Straight Story Feb 2013 OP
In France the law provides that in such circumstances shareholders are subject to certain obligation elleng Feb 2013 #1

elleng

(130,972 posts)
1. In France the law provides that in such circumstances shareholders are subject to certain obligation
Tue Feb 26, 2013, 06:24 PM
Feb 2013

including those that require assistance to be given to employees who are laid off,” the letter reads.'

Interesting.

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