Open Letter from French Workers to E&Y

You have to give Nortel’s French employees a lot of credit for not taking the downsizing of the business sitting down.

In addition to a strike by more than 300 workers demanding better severance and other compensation, the group has produced videos and written an lettre-ouverte-du-ce-9-july-2009-nocom-eng alleging, among other things, that cash has been transferred out of Nortel’s French business.

[Slashdot] [Digg] [Reddit] [del.icio.us] [Facebook] [Technorati] [Google] [StumbleUpon]
This entry was posted in Financials and tagged , , , . Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

57 Comments

  1. PeopleAreOurStrength
    Posted July 12, 2009 at 9:53 am | Permalink

    Another video.
    http://www.youtube.com/watch?v=qJ3fg8a59X0

    A quite funeral tone, because of (or thanks to?) the MOZART soundtrack, in tune with the ending.

  2. FraudEqualsJAIL
    Posted July 13, 2009 at 4:25 am | Permalink

    I think your right…

    http://en.wikipedia.org/wiki/List_of_Canadian_p...

    At least you guys have Celine Dion to ease the pain.

  3. GoProto
    Posted July 13, 2009 at 12:55 pm | Permalink

    From what i read Pauljam, Nothing.. just a bunch of mumbo jumbo. I don't even get the point. What is it? Bottom line is Nortel decided to do business in France, eh? Now is not the time to try to back track and give a bunch of reasons why it's not cost advantageous- you make a business decision, you play by the rules. Saying a company may be at a “cost disadvantage” has zero to do with breaking the law. At the end of the day, as you say my friend-”amazed and confused2002″, you shouldn't have opened your doors in France and complain about the labor laws now. If it waddles like a duck and quacks like a duck, guess what? It's a duck!

  4. less
    Posted July 13, 2009 at 1:28 pm | Permalink

    Well, some folks do periodically demand the universal boycott of all and any products shipped overseas and assembled by orphaned child slave labor – like, say, in China and India – to widen that ole profit margin.

    But nobody over there complains too much, so…

  5. FrenchFlair
    Posted July 13, 2009 at 4:54 pm | Permalink
  6. 4merEmployee22
    Posted July 14, 2009 at 8:24 am | Permalink

    When all this fiasco comes to a halt…..

    E & Y Inc. Lawfirm will be awarded over $5,000,000 US dollars for Legal Administrative Fee, for its role as the MONITOR !!! he he he he!

    You know , my friends, the US dollar bills has a note which
    says “IN GOD WE TRUST”.
    I trust GOD…..but I've lost my rightful dues from this company!

  7. ziwuxun123
    Posted January 15, 2010 at 2:42 am | Permalink

    Have you think of why Ugg boots womens roll top timberland bootsTimberland Chukka Boots? Maybe you know so many people wear Womens Roll-Top Timberland including common people and many super stars. You also know that womens shoes are so comfortable and warm as a result of the special sheepskin material. All of you said is right. I think the important reason why womens shoes are so popular is the colorful styles.Women's Sudbury Tall Boots is the unparalleled comfort

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

  • TwitterCounter for @markevans
  • Seeking Alpha Certified
Data Recovery