Occupy Sydney Day 107: Occupy Westpac Statement Monday 30th Jan 2012

Sorry for the Bad Audio - Here's a Transcript of the Statement

"Occupy Sydney is here at Westpac Place today to raise awareness of the treatment of 188 recently redundant workers. Last week the news was broken that these staff would not only lose their jobs but would also suffer the indignity of training their overseas replacements.


Occupy Sydney is concerned that although Westpac recorded a profit of $6.9 billion dollars last year and paid its CEO Gail Kelly a package of $9.5 million dollars it is still using aggressive cost cutting strategies to increase those figures to the detriment of its workforce.


It is reported that a further 400 jobs are on the line here at 275 Kent Street and Occupy Sydney is here to stand in solidarity with those workers who are at risk.


It was reported widely yesterday that the option to take jobs overseas is attractive to business because of its low costs but the ensuing cost to our local job market is too high to pay.


Occupy Sydney urges not only Westpac but all businesses considering offshoring to think of the long term damage to our market, to the people affected by job losses and their families. Occupy Sydney is a movement which will continue to oppose corporate greed and speak up for those affected by such callous decisions."

Category:

Nonprofits & Activism

Tags:

• occupy sydney
• westpac
• westpac sacking
• axing
• protest
• lay offs

[maxibon2012]

it doesn't take much intelligence to realise that redundancies are an essential part of operating a large business. Why do you feel you have to "make a statement" about something that you don't understand and has nothing to do with you. Sure they could let these guys keep their jobs and let the whole business collapse into the ground causing much larger damage to individuals and the economy...