In order to implement compulsory redundancies, the management of the Shuangma group offered each worker compensation at RMB 1380 for each year of employment.Lafarge is working in China through a joint venture with the famous Shui On Group from Hong Kong. The town has virtually closed off from the outside world and internet has been disconnected in an effort to try and stop news from leaking out, the publication says.
As part of the compensation deal workers will lose all entitlements to their pensions, social insurance and medical insurance, even if they have worked for this former state-owned company for over 20 years. It is reported that these terms were a prerequisite for the takeover from Lafarge’s side.
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