Socialist Worker

Recession : Jobs axed

Issue No. 1778

The daily massacre of jobs continued last week.

  • Airtours, Britain's biggest holiday firm, has axed 1,600 jobs in the last few weeks.
  • Pirelli Cable says 150 jobs will go when its plant in Harlow, Essex, closes.
  • GlaxoSmithKline, the drugs multinational, announced 500 jobs will go with the closure of its plant in Speke, Merseyside.
  • British Aerospace announced that 1,700 jobs will go from plants in Manchester and Prestwick, Scotland.
  • Rolls Royce announced 400 job losses from its Hillington and East Kilbride aircraft engine plants.
  • At least 1,100 workers in Britain will be losing their jobs because of the Enron company going bust.
  • Alliance and Leicester is cutting 500 jobs.
  • Reuters news agency is axing 45 workers when its TV arm closes.
  • West Ferry Printers announced around 100 job cuts.


Down the pan

A new report has shown that the British economy is faring worse than optimistic chancellor Gordon Brown suggests. Manufacturing output fell for the ninth month in a row in November, reported the Chartered Institute of Purchasing and Supply. The OECD industrialised countries' club warns of 700,000 possible job losses next year in the euro currency zone.

In France unemployment rose by 15,000 last month. Germany is experiencing its sharpest recession for 30 years. In Japan unemployment is at its highest ever. The US economy is shrinking three times faster than earlier believed. Stock market analyst David Brown says the world economy is in 'an elongated U. We're in a bowl shaped recovery.'

The only answer to such madness is for workers to demand that union leaders organise protests to say we won't pay the price.


Simon Jones case verdict

'The judge has decided Simon's life is only worth £50,000.' That was the reaction of Tim Jones after the Euromin firm was found not guilty of the manslaughter of his brother Simon.

The firm was fined £50,000 for breaches of health and safety laws. Simon was killed when he worked as a casual labourer at Shoreham docks, owned by Euromin. He had only been working two hours when a crane grab crushed him. Simon's family were disappointed with the court verdict.

The Simon Jones Memorial campaign says, 'Euromin have been found guilty of serious crimes. The law's refusal to punish these serious crimes with nothing more than a fine is just one more indication of how little importance our law makers give to casual workers' health, safety and right to life.'


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News
Sat 8 Dec 2001, 00:00 GMT
Issue No. 1778
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