Employees are protesting that Migdal's management and owner, Shlomo Eliahu, refuse to open talks on a labor contract.
The 3,000 employees of Migdal Insurance and Financial Holdings Ltd. (TASE: MGDL) launched a general strike at noon today, after a week a limited labor sanctions and partial strikes. The employees are protesting that, for more than two months since the workers committee at the company was established and the Histadrut (General Federation of Labor in Israel) declared itself the union representing the company, Migdal's management and owner, Shlomo Eliahu, refuse to open talks on a labor contract.
Migdal's management also refuses to comply with Tel Aviv District Labor Court Judge Dori Spivak's more than broad hint to "recognize reality" and the employees' wishes. He also ruled that Migdal and Eliahu applied "first-degree pressure" to harm the unionization effort. The judge was referring to Eliahu's direct calls to employees against the unionization, contravening the National Labor Court ban on employers from interfering in employees' unionization efforts.
Published by Globes [online], Israel business news - www.globes-online.com - on January 9, 2014
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