Bloomberg News

Vale Union Proposes Reduced Hours for Workers to Preserve Jobs

December 22, 2008

Union leaders at Cia. Vale do Rio Doce, the world’s largest iron-ore producer, said they are willing to accept reduced hours for workers in a bid to reverse job cuts by the company.

Jorge Campos, general secretary of the Workers’ Coordination union at Vale, said he will make the proposal tonight in Rio de Janeiro when he meets with Chief Executive Officer Roger Agnelli and board members including President Sergio Rosa.

“We accept flexibility in working rights on the condition that Vale revokes all the redundancies it’s made since Nov. 1,” Campos said in a telephone interview. “More than 3,000 Vale employees been fired in Brazil and more than 1,000 abroad.”

A Rio de Janeiro-based press spokeswoman for Vale said the company had no comment on the union’s proposal. The company said Dec. 3 it was firing 1,300 of its 62,000 workers worldwide and sending 5,500 on paid leave.

“The numbers of firings have increased without any further statements from Vale,” Campos said.

To contact the reporter on this story: Diana Kinch in Rio de Janeiro dkinch1@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net


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