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Layoff News

Union To Fight Chase’s 19 Janitor Layoffs By todd  |  Dated: 08-24-2010
The Service Employees International Union (SEIU) is not taking the layoffs of 19 janitors at a JP Morgan Chase location in the Century Plaza located in Los Angeles. The union will hold a demonstration for a week. They will fast, hold candlelight vigils and conduct a rally in order to stop JP Morgan Chase from terminating the employees.

Among the issues the union has with the layoffs is the $95 billion the company received last year in federal bailout money. They also emphasized the $9 million in bonuses given to JP Morgan executives.

“This is what is wrong with out economy: When a company thinks nothing of eliminating jobs to save pennies while doling out $9 billion in bonuses,” said David Huerta, the vice president of SEIU United Service Workers West.

The demonstrators will construct a tent city in front of Century Plaza today to kick off the demonstration.

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