Bank of America, Recipient of $25 Billion in Bailout
Pulls Financing at Local Factory; 300 To Lose Their Jobs
Workers Protest To Demand Money Owed
For Immediate Release: December 2, 2008
Contacts: Leah Fried, United Electrical Workers, 773-550-3022
Mark Meinster, United Electrical Workers, 773-405-3022
What: Workers protest to demand WARN Act pay and vacations
When: Press conference 3pm, Wednesday, December 3rd.
Where: Bank of America, 231 S. LaSalle, Chicago
Visual: 100 Workers and community representatives picketing with
signs outside Bank of America
Background: Bank of America controls the day to day finances of
Chicago-based Republic Windows and Doors, LLC, who told its workers
today that it will close its doors on Friday December 5th. The
company, in business since 1965, announced to its workforce that the
Bank has ended its financing. Republic has told workers that Bank of
America has refused to allow payment of money owed under the WARN Act
and vacation pay.
Workers will rally and picket with concerned clergy and community
members to demand that Bank of America comply with federal and state
WARN Acts which require 60 days notice before the closure of a
workplace or 60 days pay in leiu of notice. Bank of America received
25 billion in federal bailout funds.
“Just weeks before Christmas we are told our factory will close in
three days”, says Armando Robles, a maintenance employee and local
union president, “taxpayers gave Bank of America billions and they
turn around and close our company, we will fight for a bailout for
workers.”
###
*********************************
Mark Meinster
International Representative
United Electrical Workers (UE)
Chicago, IL
(312) 829-8300
www.ueunion.org
--~--~---------~--~----~------------~-------~--~----~
Internet group address: http://groups.google.com/group/ChicagoMayDay
To send e-mail: [email protected]
To unsuscribe: [EMAIL PROTECTED]
-~----------~----~----~----~------~----~------~--~---
