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The Socialist 18 November 2009
Ericsson closure condemned by Coventry socialist councillor
Ericsson announced on 10 November the axing of 700 workers and the closure of its research and development facility at Ansty, near Coventry. The company had only just completed its move to that site with the financial assistance of the West Midlands development agency.
Coventry Socialist Party councillor Dave Nellist said: "It's about time the government started taking serious action against these footloose multinationals. Ericsson has not made this decision overnight.
"It has used public money to help establish its new research and development centre. Now, like others before it, for example Peugeot, it is exporting those jobs to countries where wage rates are lower and trade unions are weaker, in order to maximise profits.
"The government should intervene and nationalise Ericsson - or are the skills and experience of those workers, in the technologies of the future - optics, mobiles and broadband - worth less than bankers' bonuses?"
In this issue
Global Warming
More evidence of climate change: Socialist planning needed
Socialist Party news and analysis
British Airways merger plan poses new threat to workers
Tamil refugees in desperate situation
Socialist Party workplace news
Third week of Superdrug strike
Brighton bin workers score quick victory
Leeds council delays talks to end bin dispute
Sheffield First bus drivers beat back bullying management
Socialist Party feature
Interview with Mark Serwotka, PCS general secretary
Marxist analysis: history
USSR 1989 - the collapse of Stalinism
Socialist Party election analysis
Glasgow North East by-election: Mass abstentions in Labour's 'surprise win'
Far right SDL driven out of Glasgow city centre
Socialist Party Marxist analysis
Service with a snarl: Robert Service refuses to answer questions
Workplace news and analysis
Ericsson closure condemned by Coventry socialist councillor
Save Ashford further education
London trade unionists meet to build workers' solidarity
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