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Global Payments jobs in Belfast. "The threat to these workers' livelihoods is the height of corporate greed" says UniteNever miss a thing from Belfast and beyond - sign up for FREE updates direct to your email inboxA billion dollar US company has threatened cuts to its Belfast staff amid the coronavirus pandemic, a union is claiming.Global Payments Inc, formerly Cayan and TSYS, first arrived in Northern Ireland as Merchant Warehouse in 2013 and has since received grants totalling £1.52 million from Unite the union has hit out at the looming job losses and said the firm has refused to meet with them.Kevin McAdam, Unite Regional Officer, said: “Unite members at Global Payments Inc have been threatened with redundancy at the very same time as the company announced it made more than $1.7 billion in net revenues for the first quarter of 2020.“The threat to these workers’ livelihoods is the height of corporate greed.“On the back of its burgeoning profits, the company told the markets that they were pursuing at least a further $350 million in ‘annual run-rate expense synergies’ from their merger with TSYS – the former employer of these workers.“The company initially asked their employees in Northern Ireland – who are already among the lowest paid – to take a 10% cut in wages and then proceeded to hold the vote again as they did not get the response they wanted the first time,” he added.“Management has now said that they will need to make workers redundant; however the company continues to recruit (mostly in its US operations).“They have sought to justify the redundancies by claiming that the Covid-19 pandemic ‘significantly and negatively impacted’ their business and their customers but this excuse is belied by bumper quarterly returns and their open plans for ‘synergies’ from their acquisition of TSYS.”Mr McAdam said members are concerned as “they don’t appear to have considered furloughing workers under the government scheme and this has caused additional anxiety amongst those who have been identified at risk”.Following contact to request a meeting with the firm, he states they “refused on the grounds that it would be improper to discuss any confidential matters with a union representative given that there was no agreement with Unite and their business in Belfast”.“I have responded to that refusal suggesting, amongst other things, that there is a legitimate expectation from their employees that they will consult with the trade union on means to mitigate redundancies. Management claims that the Covid-19 pandemic ‘significantly and negatively impacted’ their business is belied by bumper quarterly returns Global Payments Inc is a global US-headquartered company operating in the payment technology and software sector with offices in Belfast … "The threat to these workers' livelihoods is the height of corporate greed" says Unite
CAYAN Building in Belfast.When you subscribe we will use the information you provide to send you these newsletters. You can unsubscribe at any time.Alan Lewis - Photopress 7/5/2020 Photo By Justin Kernoghan CAYAN Building in Belfast.Alan Lewis - Photopress 7/5/2020 Photo By Justin Kernoghan CAYAN Building in Belfast. Sort by: relevance - date. Page 1 of 22 jobs. Indeed may be compensated by these employers, helping keep Indeed free for … Glassdoor will not work properly unless browser cookie support is enabled.
Sort by: relevance - date. Global Payments heavily invested in a completely incompetent offshore team. Global Payments jobs in Belfast BT1. To maintain the facade that an offshore team is a good idea, managers constantly abuse the salaried … Sometimes they’ll include recommendations for other related newsletters or services we offer. We are awaiting their reply”, Mr McAdam added.Global Payments Inc [TSYS], has offices in Belfast and Derry as well as sites in Dublin, Coventry and Milton Keynes.A Global Payments spokesperson said: “We have a responsibility to our team members, customers and shareholders to ensure that we are best prepared to weather this crisis regardless of its duration and to return to growth during the eventual recovery.“We know the economic recovery is not going to be immediate and therefore must take the necessary measures to prepare for the short and long-term financial impact on our company.”It is understood the firm’s executive team, who mange 24,000 staff worldwide, have made some salary sacrifices during the crisis.InvestNI did not respond to requests for a comment before publication.Alan Lewis - Photopress 7/5/2020 Photo By Justin Kernoghan Page 1 of 24 jobs. Management claims that the Covid-19 pandemic 'significantly and negatively impacted’ their business is belied by bumper quarterly returns Global Payments Inc is a global US-headquartered company operating in the payment technology and software sector with offices in Belfast …
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