"The threat to these workers' livelihoods is the height of corporate greed" says Unite Global Payments heavily invested in a completely incompetent offshore team. Glassdoor will not work properly unless browser cookie support is enabled. "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. 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. 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 … Global Payments Promotes Cameron M. Bready to Senior Executive Vice President and Chief Financial Officer http://glassdoor.com/slink.htm?key=vQvBq Global Payments Reports Second Quarter Earnings, Sets Calendar 2017 Growth Targets and Increases Synergy Estimates http://glassdoor.com/slink.htm?key=vQvBJGlassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job that’s right for you.Copyright © 2008–2020, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc.There are currently no benefit reviews for this company. Page 1 of 22 jobs. Displayed here are job ads that match your query. GPR Group call upon a global network of subject matter experts to scope and fulfil client needs, providing for all corporate organisations no matter where they are.

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