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LOT's unions accuse directors of incompetent management

They claim that the directors have been unsuccessful in improving the financial results of the company. The only solution they have come up with is to reduce employment and establish a new subsidiary that would weigh heavily on LOT's already strained budget. The list of the union's allegations does not stop here, as they claim that the management has taken several decisions which are to the the detriment of the company, these include, delaying the company's entry to the Warsaw Stock Exchange, backing incompetent managers, conceding ground to LOT's competitors, as well as an inability to invest capital for the future benefit of the company. Many of the union's charges probably come from pilots, who are likely to soon feel the force of LOT's savings plan. If the situation is left unsolved, a strike may erupt warns Parkiet's sources. (Parkiet, p. 5) J.J.

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