French workers hold plant executives hostage
By Nick Pritchett
On 6 January 2014, workers at a Goodyear factory in Amiens, France, ‘boss-napped’ two directors over plans to close the site. We consider the factors that led to this and the practical steps employers can take to manage redundancy situations.
The Goodyear factory has been running at a loss for several years and the union has previously rejected offers of voluntary redundancies. Further talks took place between management and the union to try and agree terms for the proposed closure of the site, but these failed resulting in the ‘boss-napping’. In particular, the union is pushing for a more generous redundancy plan and vowed to keep the directors hostage until guarantees are given over redundancy packages. According to the union, the directors were held in a meeting room for more than 24 hours. Goodyear has refused to negotiate.
Boss-napping became commonplace in France in 2009 after the financial crisis as a form of protest against redundancies. Although boss-napping has yet to be seen in the UK, serious stand-offs have occurred such as at Grangemouth in October 2013. In that case, Ineos closed its refinery and petrochemical plant, threatening that redundancies would follow unless workers agreed to pay freezes and changes to their pensions and conditions. Although the workers capitulated rather than face redundancy, there was considerable negative publicity for Ineos…
If you are registered and logged in to the site, click on the link below to read the rest of the Shoosmiths briefing. If not, please register or sign in with your details below.
News from Shoosmiths
News from The Lawyer
Briefings from Shoosmiths
The Court of Appeal has found in favour of a business tenant and decided that a periodic tenancy had not been created in the intervening period.
Careful drafting is usually required for restrictive covenants to be enforceable, although Prophet plc v Huggett provides the exception to the rule.
Analysis from The Lawyer
Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future
There’s more to the ABS model than attracting the man in the street and procuring external investment. Partners at the big corporate firms, take note…