Amicus reaction to Marconi sale

25 October 2005

Amicus' National Officer for IT, Peter Skyte, said: "The takeover by Ericsson, a world-class company with a reputation as a strong investor in research and development and corporate  social responsibility will come as some relief to beleaguered Marconi workforces in Britain, Germany and Italy. Whilst it marks the end of an era for the Marconi brand and name, we hope it also marks the end of monumental mismanagement, excessive corporate greed and catastrophic job losses.
 
"We will be seeking early meetings with Ericsson and Marconi to seek assurances on job security, retention of skills and research and development in the UK, and on terms and conditions including pension provision.
 
"It's the end of an era though for a once great company. Gugliemo Marconi and Arnold Weinstock will be turning in the graves."