'CEO's murder a warning for firms' | india | Hindustan Times
Today in New Delhi, India
Feb 24, 2018-Saturday
New Delhi
  • Humidity
  • Wind

'CEO's murder a warning for firms'

The Govt terms "simmering discontent among the workers" as the main reason behind the death of LK Chaudhury, CEO of an Italy based company, in Noida.

india Updated: Sep 23, 2008 22:54 IST

The Government on Tuesday termed "simmering discontent among the workers" as the main reason behind the death of CEO of an Italy based company Graziano, L K Chaudhury in Greater Noida.

"This should serve as a warning for the managements. It is my appeal to the managements that the workers should be dealt with compassion," Union Labour Minister Oscar Fernendes told reporter in New Delhi at a press conference.

He said, "There are disparities in the wages of permanent employees and contract workers. The workers should not be pushed so hard that they resort to whatever that had happened in Noida.

"It is a fact that the number of organised workers has been decreasing. It came down from seven per cent to six per cent. We are going to discuss the matter of hire and fire policy in the next Labour Congress. First we deal with PSU and later with private sector on the issue."

The workforce is "unable to express its simmering discontent over the management policies", leading to strained ties between them and the management, he said while expressing his condolences to members of the bereaved family.

The Minister is expected to visit the incident site on Wednesday.

About two months back, workers of the company were dismissed. The CEO of the company was reportedly beaten to death by a group of dismissed employees inside the premises after a compromise meeting called failed.