On Wednesday 30th September AMP CEO Francesco De Ferrari announced a review of costs that will potentially result in significant job losses across AMP Australia and AMP Capital.
Following the announcement, the FSU made it clear that workers deserve greater respect than to be considered simply a cost.
Workers have been the backbone of the organisation, dealing with the fallout of the Royal Commission, the recent sexual harassment issues, and other Senior Management errors. AMP have an obligation to support workers through this COVID crisis, just as they have supported AMP.
We have written to AMP seeking answers on the review timetable, expected conclusions, and how members will get a voice in any decisions.
Nathan Rees, FSU National Assistant Secretary, was quoted in The Age as saying: “AMP has been a mainstay of corporate Australia for many many years. To now be throwing employees onto a scrap heap during COVID-19 and a declining economy is extremely poor form and shows a lack of regard for longstanding employees that have done nothing wrong apart from performing their very best at their job every day.”
The FSU is hosting information sessions to discuss your rights, and plan how we prepare for any further announcements by AMP. Please register below.
FSU Zoom information sessions:
Tuesday 6th Oct, 7pm AEST
Wednesday 7th Oct, 12pm AEST
Forward this on to your other colleagues so they can register too.
Not an FSU member? Stand with your co-workers and join now: www.fsunion.org.au/join