Majority Of Cappoquin Employees to Remain
IRELAND - Most of the workers at Cappoquin Chickens in County Waterford have accepted an offer relating to pay and conditions put to them by the new management.
8 October 2008
2 minute read
The poultry factory was saved from closure late last week when it was sold to two private investors, Perwiaz Latif and Zahid Hussain, owners of Derby Poultry in the UK, reports Irish Times.
Most of the 200 full-time and part-time workers at the plant expressed disappointment yesterday when proposed pay terms and conditions were relayed to them by the new management. They said they could not accept the terms on offer.
The company then revised its offer by raising the hourly pay rate, allowing payment for overtime.
Employees were told that they could either apply for a job with the new company or take redundancy terms set out by the liquidator.
Services, Industrial, Professional and Technical Union (SIPTU) spokesman in Waterford, Davy Lane, said 98 workers had opted to remain on at the plant, and estimated that there would be 50 redundancies.
The poultry processor went into liquidation on 2 September with debts of between €7 million and €8 million.
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