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The short explanation of this alert was:

On January 15, the 280 workers at Colibri, a jewelry manufacturer in Providence and East Providence, were informed that their jobs were gone. Colibri’s owners, New York-based Founders Private Equity SBIC, asked the Rhode Island Superior Court to appoint a receiver to sell the company’s assets to repay creditors.

But as the courts settle Colibri’s debts to banks and lenders, the workers could be left with nothing. Colibri workers, even those who had given 10, 20, 30+ years in service to the company, received no notice of their plant closing and are facing this recession head on with no relief.

That’s why they are organizing together as Colibri Workers for Rights and Justice. And they need our support.  They are demanding that Founders Equity negotiate with their elected leadership to give every Colibri Worker 60 days pay, 60 days benefits and severance based on years worked.

Please support Colibri Workers for Rights and Justice by taking a few seconds to send a free fax to Founders Equity partners right now.

In this economic crisis too many private banks and investment firms are shirking their responsibility to the people who dedicated years of service to their businesses.  By holding Founders Equity responsible, together we’re sending a clear message to all employers: uphold the law of the land, act responsibly to the individuals and families who worked for you, let human rights prevail over corporate greed.

In the words of one Colibri Workers for Rights and Justice leader:
“Our families won’t wait to eat. Our landlords won’t wait for rent. Our children won’t wait for medical care.”

Stop corporate greed. Take action now.



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