Entries in Reuters (1)
Major U.S. union issues private equity warning
from Reuters UK
by Michael Flaherty
A large U.S. union issued a report on Tuesday warning workers about the loss of jobs from private equity deals, and calling on the buyout industry to be more open.
The report by the 1.8 million-member Service Employees International Union (SEIU) aims to call attention to the massive wave of corporate buyouts by private equity firms.
The pace of U.S. deals and the great profits accumulated by private equity executives has sparked concern among unions that buyout firms are gaining profits at the expense of workers.
Posted on Tuesday, April 24, 2007 at 05:22PM
by
Anthony S Jennings
in News Coverage, Reuters
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Anthony S Jennings
in News Coverage, Reuters
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Post a Comment
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2 References
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