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Goldman cleaners protest on pay | Goldman cleaners protest on pay |
(about 9 hours later) | |
Goldman Sachs could face a strike by cleaners, who say they are overworked even as the firm sees huge profits and bonuses. | Goldman Sachs could face a strike by cleaners, who say they are overworked even as the firm sees huge profits and bonuses. |
Some 120 cleaners, employed by Mitie - a contractor, say their numbers have been cut but not the workload. | Some 120 cleaners, employed by Mitie - a contractor, say their numbers have been cut but not the workload. |
They staged a picket outside Goldman Sachs in London on Wednesday, said the Transport & General Workers' Union. | They staged a picket outside Goldman Sachs in London on Wednesday, said the Transport & General Workers' Union. |
The protest comes a day after Goldman Sachs saw fourth quarter profits leap by 93% to a record $3.15bn (£1.6bn). | The protest comes a day after Goldman Sachs saw fourth quarter profits leap by 93% to a record $3.15bn (£1.6bn). |
These figures brought annual earnings to $9.54bn. | These figures brought annual earnings to $9.54bn. |
"A staggering $8.4bn (£4.2bn) will be set aside for salaries, bonuses and benefits," said the union. | |
'Overstretched' | 'Overstretched' |
The picket that took place outside the firm's offices included banners saying "Goldman Sucks" and "Justice for Cleaners" said a T&G representative. | The picket that took place outside the firm's offices included banners saying "Goldman Sucks" and "Justice for Cleaners" said a T&G representative. |
The T&G Union has been supporting a wider Justice for Cleaners campaign to give every cleaner in the City of London a decent wage, sick pay, a pension, 20 days' holiday and bank holidays, as well as collective bargaining through the union. | The T&G Union has been supporting a wider Justice for Cleaners campaign to give every cleaner in the City of London a decent wage, sick pay, a pension, 20 days' holiday and bank holidays, as well as collective bargaining through the union. |
The bank meanwhile says: "We support responsible union representation and the right for people to earn a living wage." | The bank meanwhile says: "We support responsible union representation and the right for people to earn a living wage." |
A ballot would be needed for a strike to go ahead and no industrial action is expected until the New Year, said the T&G. | A ballot would be needed for a strike to go ahead and no industrial action is expected until the New Year, said the T&G. |
"Whilst bankers at Goldman Sachs will be splashing out on second homes, cars and polo ponies with their multi-million pound bonuses, cleaners at Goldman Sachs are being squeezed by staff cutbacks," said Tony Woodley T&G general secretary. | "Whilst bankers at Goldman Sachs will be splashing out on second homes, cars and polo ponies with their multi-million pound bonuses, cleaners at Goldman Sachs are being squeezed by staff cutbacks," said Tony Woodley T&G general secretary. |
"The lack of cover means the cleaners are overstretched which makes an already difficult job even more stressful." | "The lack of cover means the cleaners are overstretched which makes an already difficult job even more stressful." |