Fwu case, workers and policyholders anxious
Employees disappointed by Yann Baden. Meanwhile, there is an Authority alert on the fake saviours contacting the victims of the group gone into liquidation
2' min read
2' min read
The negotiations to safeguard the jobs of the workers of Fwu Life Insurance Lux (25 in Italy) got off to a bad start.
As reflected in the minutes of the 27 March meeting of the employees of the company that went into compulsory liquidation, the workers express great concern about the phase of extreme uncertainty that has arisen following the dissolution and liquidation of the company by the Luxembourg court as of 31 January 2025.
Among other things, the workers express their deep disappointment to learn that the meeting with the liquidator Yann Baden, scheduled for 25 March and already postponed several times, did not take place and that, indeed, no information was provided on the matter throughout the day.
"They also reject the very manner in which the meeting was convened: not having provided either a starting time or a reasonable amount of time to devote to the discussion showed, from the outset, disregard and little respect for the workers and their legitimate expectations, a feeling confirmed by what subsequently happened," a union communiqué explained.
The workers are obviously demanding prompt payment of the outstanding arrears, especially the 13th month's salary for 2025 and the pension fund payments for July and August of last year, including the amounts still owed to colleagues who resigned from the company.
