The FT and Irish Times are both recording that workers at Waterford Wedgwood are protesting at Deloitte’s Dublin office about the loss of 480 jobs following WW’s insolvency. It’s never a nice thing to close down a business. I had it to do once and it was a rough day. Even so, something tells me the Big Four are going to be gainfully employed in the coming months as the credit crunch becomes a back breaking squeeze for some companies.
The reaction of workers leaders makes me think that despite the air of mystery that often cloaks the profession, some can see right through the veil:
Speaking after the meeting with senior partners Pat Cullen and David Deasy at Deloitte, Mr Hogan said: “We left them in no doubt as to how we feel about the actions of their partner David Carson in dumping 480 people.
“We put it to them that Deloitte is interested in one thing only, making it [Waterford Crystal] as attractive as possible to who they sell it to and to increase their own fee.
“They have absolutely no concern for individuals or families that are suffering as a result of this. We’ve made our protest here today we’ll be returning to Waterford now to join our colleagues in the factory to continue the occupation.”
Ouch!
Can’t the Big Four get ANY good PR these days? Apparently not.
BTW – couldn’t resist the bit of alliteration and mixed metaphors.
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