Above is a copy of a letter sent out to member's on the subject of the announcement by Network Rail that it was cutting job's from the work banks of all the renewals companies this year.
The money that Network Rail has allocated for this renewals work is guaranteed 100%, but they have decided to defer this work until a later date. The present credit crunch has little if anything to do with it whatsoever. Some view it as a tactic on the part of Network Rail to drive costs ever further down across the renewals sector, to force companies to turn the screws further on their worker by changing to worse terms and conditions etc, which suit Network Rails own desires. And when they figure the costs and terms and conditions etc are right, then they'll take it all back in house.
For our member's the immediate problem is that it's unlikely that any company will carry a sizeable segment of its workforce for a significant length of time when its got no work for it whatsoever. Redundancies seem an almost inevitable result of the Network Rail announcement, which is why we must do all we can do to fight this.
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