Unite's reaction to RBS' results and cost saving measures
26th February 2009
Unite's joint general secretary, Derek Simpson said: "These
historic and humiliating losses bring into sharp focus just how
reckless RBS' former management team has behaved.
"The whole country is paying the price through job cuts and
repossessions on a massive scale. It's time to take control and
fully nationalise this bank.
"You can not have a state bail out on the one hand while
allowing the spectre of thousands of jobs losses to loom over staff
on the other.
"The government has set a precedent for intervention in the day
to day running of RBS. They must now intervene to protect the
workers in call centres, branches and back offices who are the
victims of the credit crunch, not the culprits. The staff at this
bank should not have to pay with their jobs. Unite will vigorously
oppose any compulsory redundancies at the bank.
"We are extremely frustrated by the lack of clarity over the
company's restructuring proposals with no firm detail on jobs. The
uncertainty hanging over the heads of these workers is
unacceptable. Unite has stated that it is prepared to work with the
new management and the government to bring about orderly
reorganisation as long as guarantees are received and implemented
about job security."
ENDS
Contact: Ciaran Naidoo on 07768 931 315
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