Advertisement
Promo

Become a member of the ZDNet UK community

David Meyer

View blog's RSS Feed

Communication Breakdown

Communications from the world of, er, communications. And other stuff.

Friday 28 September 2007, 1:25 PM

Euro aid for globalisation victims

Posted by David Meyer

Remember those poor souls who lost their jobs after BenQ pulled out of Europe last year? Well, the EU is riding to the rescue with something I'd certainly never heard of before: the European Globalisation Adjustment Fund (EGF - what happened to the A?).

About €13m will be winging its way to the 3,300 workers who were made redundant after the Taiwanese handset manufacturer cut and ran. €2m will also go to the 1,000 survivors of the defunct Finnish phone accessory maker Perlos.

According to the employment, social affairs and equal opportunities commissioner Vladimír Špidla: "I am happy to put these applications forward because they will help over 4,000 redundant workers back into employment. The EGF is being used as it was designed to - to respond to the impact of structural change on dynamic global markets."

Very admirable. Now, what about those workers hired and fired at dizzying speed when European companies go a-speculatin' in the developing world?

Comments on this post

To add a comment, fill out the form below


David Meyer
  • David Meyer
  • London, UK
  • Member since: October 2006
ZDNet Staff

Contacts' Latest Discussions

Number of Tracked Discussions: 2,381

Contacts' Latest Blogs

Number of Contacts Blogs: 11

Avatar Tom Espiner

McKinnon lawyers seek judicial review

Thursday 10 December 2009, 5:00 PM

1 comment

Skip Sub Navigation Links to CNET Brand Links

Help

Become part of the ZDNet community.

Newsletters