Company
Diageo
Date of signature
08 October 2002
Signatories
Diageo, EWC
Key objectives
“Diageo is committed to ensuring that its treatment of those affected by redundancy will be sensitive, fair and constructive.These are basic guidelines for managing the process, which will need to be tailored for use within each business region or market, reflecting local legislation and practice.”
Duration
5 years
“This Agreement will last for 5 years from the date of signing by both parties.”
* From EWC agreement text
Applicable law
Irish law
“This Agreement is intended by the parties to be legally binding.
The Agreement will be governed by and construed in accordance with the laws of the Republic of Ireland.”
Implementation and dissemination
Implementation
“Diageo has a statement of best practice guidelines on redeployment, redundancy and outplacement which will be adopted by all its European enterprises in such circumstances.”
Review and monitoring
Review
“Subsequent to review in 4th year of the currency of the agreement, the parties will meet to consider its renewal and / or extension.”
Dispute settlement and sanctions
Not defined
Related texts
EWC agreement
Main topic
Restructuring,
Secondary topic(s)
job security, alternative measures to layoffs, information of individuals concerned, outplacement measures and support.