EMAIL JUST IN
Ladies and Gentlemen
CX ANNOUNCEMENTS ON COST REDUCTION MEASURES
By now you will probably have seen, or at least heard about, the
announcements on intraCX about the Company's proposals on cost reduction
measures, including SLS.
The General Committee's negotiating team has been involved in talks with
management over the past 48 hours.
We are currently putting together a paper explaining the details of what is
being proposed and our recommendations on what we believe the Membership
should do. This will be sent to you over the weekend.
Please read the Company's documents carefully and, of course, the paper we
will send to you.
In the meantime, do not rush into signing any option offered until you fully
understand what is being offered.