CEO of JSW SA Jaroslaw Zagórowski during a press conference in the Hawk of the Spring , photo:
President Jarosław Zagórowski assured that there is no staff redundancies. Ordinary is to pay monthly salaries. He also said that the company’s liquidity at the moment is also not compromised and that the result of the company for the past year will be negative, although slightly better than expected.
– This liquidity could be jeopardized if the company would be doing what ever. We have made savings, reduced our capital expenditures. More needs to be tough actions and decisions – said the president Zagórowski during a press conference in the Hawk of the Spring.
Unions oderzuciły suggestions board
President JSW explained during the conference that the company’s management decided that there will be layoffs in exchange for limiting certain privileges for employees. According to JSW plans will not pay increases this year, there will we pay for sick leave. The Board has also proposed the abandonment of transport to work, or change the rules for calculating “the 14-particles”.
Jaroslaw Zagórowski pointed out that trade unions operating in the company did not agree to these proposals, which is why the board of JSW said three collective agreements.
The company operating in trade talks do not exclude, but in the first place, they would apply a comprehensive recovery plan for the entire company, not just labor costs. Also intend to seek participation by representatives of the government. Detailed decisions are to be made during the Thursday meeting of the staff of all compounds acting at JSW.
0.5 billion zł savings
Together, these actions have to give JSW 0.5 zł billion in savings, and annual revenues of employees reduced by 10 percent. The unions believe that it is a low estimate. In their view, the employees will lose 20-25 percent in real terms. their revenues. JSW is also considering the establishment of subsidiaries, which would be transferred all of its mines, which would allow a change in the organization of work. In the opinion of compounds are also opens the path to the deterioration of working conditions of the crew.
– Proposals board are calculated to provoke anxiety among employees. Thanks wants to hide the mistakes he made in the management – said the chairman of the “S” in JSW Slawomir Kozlowski. He added that the board terminated the contract only 10 days after they received as trade, while had 30 days to refer to the proposal.
– do not rule out, however, participate in discussions, but they should apply a comprehensive recov ery plan for the JSW, not just part of the issue, which is the cost of labor. We want to make in the talks attended by a representative of the government – he noted.
Executive Board is working with resistance at dozens of trade unions. In January, they should appoint Międzyzwiązkowy-Strike and Protest Committee.
The average salary in the company amounts to 8.4 thousand. zł
average salary in the company amounts to 8.4 thousand. zł. Jaroslaw Zagórowski also explained that the company has taken steps to reduce your operating costs are also reduced capital expenditures, renegotiated contracts with suppliers of services and supplies. Also been extended payment terms to up to 120 days, the talks are being held with the recipients of the earlier prepayments and residual coal sold at dumping grounds. JSW
employs approximately 26,000 people. The company fell into financial trouble because of the sharp drop in coal prices.
IAR / PAP, bless
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