Printer Friendly

BELL, UNIONS FACE EXTREMELY DIFFICULT CHOICES

 MONTREAL, Nov. 26 /PRNewswire/ -- Bell Canada said today it will continue to explore all possible alternatives in an effort to reduce the company's 1994 operating expenses by $466 million. Responding to a decision by the federal Employment and Immigration Commission to deny Worksharing Program applications submitted by the company, the Communications, Energy and Paperworkers' Union of Canada (CEP) and the Canadian Telephone Employees' Association (CTEA), Bell's vice president of corporate development, Richard French, said company and union officials will hold meetings in the next few days to determine a course of action.
 "We're obviously disappointed by the decision, but will continue to work with our union partners to seek solutions which will serve the best interests of our customers, our employees and the company. In the face of the mediocre performance of the economy and the challenges of our regulatory framework, we are confronted with extremely difficult choices. There are clearly no easy answers."
 The company and both unions had filed the Worksharing applications earlier this month as part of their ongoing efforts to mitigate the effects of a major restraint program, announced Sept. 28, on Bell employees. After a careful review of the workforce adjustments required in 1994, company and union officials believed the situation fell within the criteria of the Unemployment Insurance Worksharing Program.
 Following a thorough examination, however, the Commission said it was not convinced Bell's situation involves a shortage of work as defined for purposes of the program. On this basis, the Commission said, the applications had to be turned down.
 Bell Canada, the largest Canadian telecommunications operating company, markets a full range of state-of-the-art products and services to more than seven million business and residence customers in Ontario and Quebec. Bell Canada is a member of Stentor -- an alliance of Canada's major telecommunications companies.
 -0- 11/26/93
 /CONTACT: Claude Beauregard of Bell Canada public affairs, 514-870-7345, or home, 514-483-2528/
 (BC.)


CO: Bell Canada ST: Quebec IN: TLS SU:

GK -- NY010 -- 7980 11/26/93 16:08 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 26, 1993
Words:333
Previous Article:SUPERIOR PROPANE MOVES TO ACQUIRE PREMIER PROPANE
Next Article:INTERTAN ANNOUNCES COMPLETION OF FINANCIAL REORGANIZATION
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters