The President of
the Workers Party has called for a boycott of Coca Cola products while the owners of the Coca Cola brand in Ireland persist in their plans to make 130 workers redundant and to outsource their jobs to lower paid workers with less
favourable working conditions.
Michael Finnegan said
that there needed to be a united front by workers, employed and unemployed, against outsourcing of employment by profit making
companies and that Coca Cola was only the latest of many such companies to join the “race to the bottom”.
The Workers Party
President pointed out that the owners of the Coca Cola franchise for Ireland, Coca Cola HBC which is based
had made profits of over €200 million in the first six months of 2009. This
was despite the current recession and the company is financially sound and was able to spend €10 million last year in
buying back some of its own shares from the market, a sure sign of it viability.
“There is no justification
whatsoever for a profitable concern such as Coca Cola to sack workers and replace them with outsourced, low paid workers. This is becoming an all too prevalent response of companies to the economic downturn
with profitable companies taking advantage of the situation to make unnecessary cuts and drive down wages to boost shareholder
dividends rather than responding to a crisis. This is nothing less than sheer
greed”, said Michael Finnegan.
“As President of
the Workers Party I offer this party’s full support and solidarity to the workers at Coca Cola and I would urge all
workers to support them by boycotting Coca Cola products until such time as the company recants on its unilateral breakage
of longstanding collective agreements with the trade unions in the company and go back to the negotiating table in a meaningful
way”, he said.
Issued 31st August 2009