{"id":28185,"date":"2021-03-25T11:54:04","date_gmt":"2021-03-25T11:54:04","guid":{"rendered":"https:\/\/unitelive.org\/?p=28185"},"modified":"2021-03-25T15:53:01","modified_gmt":"2021-03-25T15:53:01","slug":"billionaire-warren-buffett-linked-to-leicester-sps-dispute","status":"publish","type":"post","link":"https:\/\/unitelive.test.igniteamt.com\/?p=28185","title":{"rendered":"Billionaire Warren Buffett linked to Leicester SPS dispute"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p>Warren Buffett, whose net worth surpassed \u00c2\u014173 billion this month, is linked to Leicester SPS Technologies&#8217; workers on strike over \u00e2\u20ac\u0098brutal\u00e2\u20ac\u2122 fire and rehire cuts, Unite said today (March 25).<\/p>\n\n\n\n<p>Around 200 Unite members at SPS\u00e2\u20ac\u2122s Barkby Road site are on strike over fire and rehire proposals that would result in reductions to overtime pay, sick pay, paid breaks and shift premiums amounting to annual wage losses of up to \u00c2\u01413,000.<\/p>\n\n\n\n<p>The company is owned by American billionaire Warren Buffett\u00e2\u20ac\u2122s Berkshire Hathaway \u00e2\u20ac\u201c a multinational conglomerate \u00e2\u20ac\u201c and produces aerospace parts for companies such as Airbus, Boeing, GE and Rolls-Royce.<\/p>\n\n\n\n<p>The Barkby Road workers began discontinuous strike action on March 12, but will now strike daily from the March 29 until June 3, effectively bringing the factory\u00e2\u20ac\u2122s operations to a halt.<\/p>\n\n\n\n<p>Unite has also launched a tribunal claim against SPS after the company refused to provide a length-of-service based redundancy payment that the union contends around 60 staff, who lost their jobs last year, are contractually entitled to.<\/p>\n\n\n\n<p>Seven MPs have also signed an early day motion submitted yesterday (March 24) calling on SPS \u00e2\u20ac\u0098to take the shameful threat of \u00e2\u20ac\u015bfire and rehire\u00e2\u20ac\u0165 off the table and start negotiating with Unite\u00e2\u20ac\u2122.<\/p>\n\n\n\n<p>Unite regional officer Lakhy Mahal said, \u00e2\u20ac\u015bSPS\u00e2\u20ac\u2122s Barkby Road managing director Jitesh Randeria has treated his workforce disgracefully. These brutal fire and rehire cuts would see many of his staff living on the breadline. The company is also refusing to pay length-of-service based redundancy payments to workers who lost their jobs last year, a matter Unite is pursuing through employment tribunal.<\/p>\n\n\n\n<p>\u00e2\u20ac\u015bMr Randeria will have to explain to his higher ups in Berkshire Hathaway why the conglomerate\u00e2\u20ac\u2122s name, as well as Mr Buffett\u00e2\u20ac\u2122s, is now being linked to unseemly attempts at using the pandemic as a cover to launch attacks on workers&#8217; pay,&#8221; Mahal added. <\/p>\n\n\n\n<p>\u00e2\u20ac\u015bWarren Buffet\u00e2\u20ac\u2122s personal wealth exceeds \u00c2\u0141100 billion, Berkshire Hathaway sits on more than four times that \u00e2\u20ac\u201c what justification is there to punch down on loyal workers who will be forced into taking payday loans or second jobs by these cuts? Our members know there is none, which is why the strikes will continue until Mr Randeria returns to the negotiating table with an offer they can accept.\u00e2\u20ac\u0165<\/p>\n\n\n\n<p>Unite general secretary Len McCluskey said, \u00e2\u20ac\u015bFire and rehire&#8217; is ripping through our workplaces like a disease. Weak law lets bad bosses force through brutal changes to contracts, sometimes taking thousands of pounds off wages that families need to get by.<\/p>\n\n\n\n<p>&#8220;It&#8217;s a disgraceful practice that&#8217;s outlawed in much of Europe and should be here,&#8221; he added. &#8220;Unite is fighting for UK workers to be treated with the same decency. We won&#8217;t stop until the law is changed to protect working people from attack.&#8221;<\/p>\n\n\n\n<p><strong><em>By Ryan Fletcher<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Warren Buffett, whose net worth surpassed \u00c2\u014173 billion this month, is linked to Leicester SPS Technologies&#8217; workers on strike over \u00e2\u20ac\u0098brutal\u00e2\u20ac\u2122 fire and rehire cuts, Unite said today (March 25). Around 200 Unite members at SPS\u00e2\u20ac\u2122s Barkby Road site are on strike over fire and rehire proposals that would result in reductions to overtime pay, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":28189,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[1409,1592,1607],"wps_subtitle":"Leicester SPS workforce \u00e2\u20ac\u0098treated disgracefully\u00e2\u20ac\u2122 as they fight \u00e2\u20ac\u0098brutal\u00e2\u20ac\u2122 fire and rehire cuts","_links":{"self":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/28185"}],"collection":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28185"}],"version-history":[{"count":3,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/28185\/revisions"}],"predecessor-version":[{"id":28196,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/28185\/revisions\/28196"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/media\/28189"}],"wp:attachment":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}