The ISTC steel union last week dismissed as a 'cruel fantasy' the scheme by telecom firm EXI to find jobs for 4,000 redundant steel workers. The company's offer was backed by leaders of the AEEU union. EXI presently employs just 1,700 in 30 countries worldwide. ISTC leader Michael Leahy said the idea that it could generate thousands of jobs in Britain was 'far fetched to say the least'.
The ISTC is preparing its own counter-plan to steel firm Corus's 6,000 job cuts. But this involves redundancies and pay cuts. All the steel unions should start a campaign of protests and strikes to stop Corus's cuts and tell the government to renationalise steel.