TransPerfect Employees and Members of Citizens for a Pro-Business Delaware Protest Involvement of Lionsbridge in the TransPerfect Sales Process at Judge Bouchard's Speaking Engagement in New York City
Protestors call on Judge Bouchard to update employees on mediation and rule out Lionsbridge as potential buyer over concerns about moving almost all of their 5,000 jobs offshore
NEW YORK, July 25, 2017 /PRNewswire/ -- Last Friday, July 21, TransPerfect employees and members of Citizens for a Pro-Business Delaware (CPBD) rallied in New York City to continue voicing their opposition against the forced sale of TransPerfect and asked Judge Bouchard to eliminate Lionsbridge from being involved in the sales process. Court appointed Chancellor Andre Bouchard spoke at Practicing Law Institute's (PLI) event, Delaware Law Development 2017, where dozens of TransPerfect employees and CPBD members showed up to protest his unprecedented ruling to break-up and sell the successful, profitable TransPerfect and make their voices heard. Over the last two weeks, employees have heard that Lionsbridge is a potential buyer. As all but 300 of their 5,000 jobs are overseas, TransPerfect employees are concerned over the loss or outsourcing of the majority of their jobs.
"There is a heist being committed against the employees of TransPerfect, and we can send not stand by and let these 4,000 jobs be moved overseas," said Chris Coffey, Campaign Manager of Citizens for a Pro-Business Delaware. "It is critical that Chancellor Bouchard understands the views of and sees firsthand the thousands of employees whose lives he is upending and the families his actions hurt. Additionally, we ask that Judge Bouchard look at the runaway spending of Custodian Pincus. They have spent over $20 million on consultants while family premiums continue to skyrocket. It is wrong and must stop."
Protestors chanted "Save TransPerfect, save our jobs" on the sidewalk outside of Chancellor Bouchard's speaking engagement at the PLI event. They wore blue CPBD t-shirts and held signs that read "Save TransPerfect. Don't Let Courts Control Our Companies."
Despite multiple requests, Chancellor Bouchard has failed to provide an update on his earlier recommendation of mediation. "We all are hoping that mediation can work, but all we have heard from the custodian, Robert Pincus, is that it has failed," said Coffey. "We call on Chancellor Bouchard to fulfill his responsibility to provide us with a full update."
Citizens for a Pro-Business Delaware is a group made up of more than 2,200 members including employees of the global translation services company TransPerfect as well as concerned Delaware residents, business executives and others. It formed in April of 2016 to focus on raising awareness with Delaware residents, elected officials, and other stakeholders about these issues.
For more information on Citizens for a Pro-Business Delaware visit DelawareForBusiness.org.
Contact: Sloane Whelan, [email protected]
SOURCE Citizens for a Pro-Business Delaware
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