Tell Bailed-Out Bank to Save Jobs at Hartmarx

Workers at Hart Shaffner Marx (Hartmarx) have made high quality suits for over 100 years, boasting loyal customers like Barack Obama.

Part of the economic crisis, Hartmarx is now in bankruptcy, leaving its creditor, bailed-out bank Wells Fargo, in a position to decide the fate of the company and its 3,500 workers.  About 1,000 of those workers are in Illinois, where the struggle has focused, partly inspired by the successful Republic Windows occupation.  Workers in Illinois and New York have threatened to occupy their plants if Wells Fargo liquidates their jobs.

Take action Now:  Tell Wells Fargo CEO John Stumpf:  Save the jobs; don't shut down Hartmarx or any other potentially viable company.

Sample Letter for Campaign

Subject: Save the jobs; don't shut down Hartmarx or any other potentially viable company

Dear [ Decision Maker ] ,

Saving jobs must be a top priority for our nation in this economic crisis, meaning that any plant closing must be an absolute last resort. Your bank stays in business because of a taxpayer bailout, making you accountable to the people.

Do not liquidate Hartmarx or any other plants.

Save the jobs. Don't add to the economic crisis.

Sincerely,

Campaign Launched:
May 19, 2009


Background Information

In this crisis, we must put workers first, hold bailed-out banks accountable and fight to save jobs.  Many elected officials and organizations are supporting the effort. 

Three bidders are vying to acquire Hartmarx in bankruptcy court auction. One of the bidders is expected to keep Hartmarx largely intact and try to revitalize its brands.  Other bidders, despite the potential viability of the company, don’t appear to have its long-term interests in mind.  Wells Fargo will select the bidder it favors at anytime.

Wells Fargo Facts:

  • Accepted $25 billion in federal TARP (bail out) funds
  • Needs another $15 billion in new capital to meet Federal “stress test” for viability
  • Top 5 Wells Fargo Corporate officers received $38 million in 2008 compensation.

Last week, Hartmarx workers in Des Plaines voted to sit-in at the plant to save their jobs if Wells Fargo decides to close the facility.  Workers in Rochester, NY made a similar commitment.

Take Action NOW!  Put workers first and save jobs! http://www.unionvoice.org/campaign/hartmarx

For more background, see:
NY Times Steven Greenhouse 5-11-09 "Workers Pressure Bank to Keep Clothiers US Plants Open”