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Dáil
‹ Ceisteanna — Questions. Oral Answers. - Worker Investment in B & I.

B & I Southern Corridor and Jobs

Summary

Wilson asked whether suspending the southern corridor service let workers down and whether other developments could preserve jobs. Mitchell said service cuts and job losses might be unavoidable in efforts to save the company, while endorsing worker participation and shareholdings without raising expectations of alternative employment.

In view of the fact that the employees of the B & I have shown their loyalty and solidarity in relation to the company, by way of the investment in the company of £400,000, would the Minister say whether he is satisified that the suspension of the B & I operation in the southern corridor has let those workers down?

Comment on this
Jim Mitchell Mr. J. Mitchell Fine Gael

That a separate question. However, as the Deputy will be aware, we are engaged in an exercise to try to save the B & I and to protect the maximum number of jobs. Any steps that might be taken would be with those objectives in view but in order to bring about the desired result some services may have to be discontinued and there will be some job losses. Nobody can be more unhappy than I about the possibility of job losses but in this case such losses would seem to be unavoidable.

Comment on this

Would the fact that the workers have indicated their solidarity and their confidence in respect of the company not be an extra spur to the Minister to ascertain whether developments elsewhere if necessary should be promoted so that the possible potentially redundant work force could be maintained in employment?

Comment on this
Jim Mitchell Mr. J. Mitchell Fine Gael

It would be wrong of me to raise unjustified expectations such as those implied by the question. However, I am a firm advocate of worker participation and of worker shareholdings. There has not been much development on those lines so far in this country but the idea is one that is well worth pursuing. Many of the semi-State companies could benefit greatly by the sale of shares to the workforce. There are some who might object to that on the basis that we would be alienating State property, for instance, but that would not be my view. We need more of that kind of development in Irish companies in general and not only in the semi-State sector.

Comment on this