Three fired Goldman Sachs employees UNIONIZE?! (not the onion)
Yeah, it's in Japan, but still....
Axed Goldman workers fight back
Three former employees of Goldman Sachs Japan are willing to take legal action if they don't get their jobs back or the company doesn't negotiate in good faith, a spokesman for the three said.
"They terminated our employment without cause and justification. They acted in bad faith, pretended to negotiate but did not really negotiate," Timothy Langley, a supporter of the three, said in Tokyo at the Foreign Correspondents' Club of Japan. Langley, who is not a attorney but has studied Japanese laws, is providing them with legal advice.
The feud adds to the investment bank's publicity troubles after former Goldman Sachs employee Greg Smith recently criticized its corporate culture in a New York Times Op-Ed piece and caused a stir in the financial industry.
Goldman Sachs' actions in firing the three appear no different from what it has done in the past or what other American or European companies have done. Their superior and a human resources employee called them up last August, told them their jobs had disappeared, presented a severance package and held meeting after meeting to get them to sign the notice of termination, which they never did.
It is extremely rare for foreign investment bank employees, many of whom get paid a lot more than people in other industries, to form a labor union and the case has generated much public interest.
http://www.japantimes.co.jp/text/nn20120323a5.html
I've seen stones, but these guys win the "Brass ones that clank when you walk" award for this month...Don't know whether to laugh, cry, curse, cheer them on or lament the fact that this could never happen here...
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