The workers went on a general strike at the Psagot investment house following its sale to Altshuler Shaham

General strike at Psagot Investment House following its sale to Altshuler Shaham

Chairman of the Workers’ Committee: “We were surprised to find that we were not part of the deal at all and are being dismissed”

A general strike at the Psagot investment house following the signing of a deal to sell it to Altshuler Shaham Pension and Provident Fund last weekend, for NIS 910 million. Hundreds of the company’s employees (including those who are not under the collective agreement) sat from today (Monday) until a new announcement and a substantive and serious negotiation procedure with the Apax management.
The workers ‘committee said that following the purchase deal signed last Friday, a negotiation meeting was held last night, but Apax representatives announced that they did not intend to comply with any of the workers’ committee’s demands, including the issue of the sales grant and employment security. Moreover, according to what was said at the meeting, the committee understood that Altshuler Shaham insisted that the issue of employees would not be included as part of the purchase deal. “As a result, the committee decided in cooperation with the company’s employeesPower to employees On a complete shutdown in the company. There will be no work from offices or homes in any way.

Want to send us home

Committee Chairman Shlomi Logsi A message to Pander: “We were surprised to find out at the negotiation meeting with Psagot’s management that we are not part of the deal at all and they want to get rid of us completely and in fact send us home without grants and without proper compensation.
Following a meeting we held yesterday in Zum in the late evening hours in which hundreds of company employees participated, we decided to go out immediately for a general strike in the company. “
Lugassi adds that “we are pleased to find that even the workers who are not under the agreement are joining us on strike, because they understand that there is no difference between us. Management wants to throw us all out and break the peaks into elements. Until they start negotiating with us without smears, Psagot is completely disabled. We will continue to demonstrate one united and cohesive front, as we have done for the whole of recent times. ‘

Return to the negotiating table

Peaks In response: “Psagot’s management arrived last night for a negotiation meeting with the aim of conducting a discussion and dialogue in good faith; She presented the outline of the deal and its implications and even sought to lay out a number of milestones for further effective negotiation. Is a sufficient reason not to negotiate. We think this is not the way. Certainly not the one that will lead to a better outcome for the employees. We call on the employees’ representatives to return to the negotiating table in order to have a dialogue for the benefit of the employees and to continue the activity for the benefit of our customers. “

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