Experts

Massive 'terror attack' averted: Histadrut to decide on future layoffs at Teva

While claiming to be acting in the interest of Israel’s workers, facts are stubborn things, and the Histadrut’s fingerprints are all over an Israeli society that is being hobbled by a skyrocketing cost of living.

Histadrut chair Ofer Eini at Labor Court
Photo by: Marc Israel Sellem
Following a wave of public criticism over the decision to lay off 700-800 employees in Israel as part of a company-wide restructuring program, Teva Pharmaceutical Industries announced Tuesday that it had reached an agreement with the Histadrut Labor Federation not to dismiss any of its Israeli workers without the federation's consent.

The debate over the fate of  Teva’s workforce in Israel reached a fever pitch earlier in the week when opposition leader Shelly Yachimovich (Labor) called Teva's plan "a mass terror attack," saying that given the near-zero taxes the pharmaceutical giant pays the state, the plan was an "act of cannibalism."



Read More...
   
Jpost.com, the online edition of the Jerusalem Post Newspaper - the most read and best-selling English-language newspaper in Israel. For analysis and opinion from Israel, the Jewish World and the Middle East. Jpost.com offers expert and in-depth reporting from Israel, the Jewish World and the Middle East, including diplomacy and defense, the Palestinian-Israeli conflict, the Arab Spring, the Mideast peace process, politics in Israel, life in Jerusalem, Israel's international affairs, Iran and its nuclear program, Syria and the Syrian civil war, Lebanon, the Palestinian Authority, the West Bank and Gaza Strip, Israel's world of business and finance, and Jewish life in Israel and the Diaspora.

All rights reserved © The Jerusalem Post 1995 - 2014