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Billionaires’ Plan Leaves Workers in the Dust | Christchurch News

Billionaires’ Plan Leaves Workers in the Dust | Christchurch News

Published 1 month ago
Description

Fifteen workers at Calder Stewart’s Hornby plant face job losses as the billionaire-owned company, worth $1.1 billion, pushes to shut down the site—just weeks after hitting the rich list. Despite agreeing to pay cuts and sacrificing benefits last year to keep jobs safe, workers are furious and blindsided, especially after learning the company’s massive profits. The union E tū is rallying support and preparing a counterproposal, demanding the company honor its commitments to the workers who helped build its success. This story exposes a painful truth: when companies thrive, workers often pay the price.

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