Published on IUF UITA IUL (http://cms.iuf.org)

To seduce investors, war on workers - 'wrecking ball' for older sites

10-09-2013

Two recent announcements by Mondelez are the latest episodes in the company's ongoing efforts to seduce investors with increased share buybacks and bigger dividends and squeeze workers by generating uncertainty and fear through closures, cutbacks and increased competition.

Read the full story in the latest Mondelez Union Network - download and distribute here! [1]

The International Union of Food, Agricultural, Hotel, Restaurant, Catering, Tobacco and Allied Workers' Associations (IUF) is an international federation of trade unions representing workers employed in agriculture and plantations; the preparation and manufacture of food and beverages; hotels, restaurants and catering services; all stages of tobacco processing. The IUF is composed of 394 affiliated organizations in 126 countries representing a combined membership of around 2,6 million.

How to contact the IUF:
Email: [email protected]
Post: Rampe du Pont-Rouge, 8, CH-1213, Petit-Lancy (Switzerland)
Phone: + 41 22 793 22 33
Fax: + 41 22 793 22 38

Source URL: http://cms.iuf.org/?q=node/2745

Links:
[1] http://cms.iuf.org/sites/cms.iuf.org/files/MondeleztUnionNetwork111013.pdf