Laval, QC, January 25, 2019 — Reports that Téo taxi will be seeking bankruptcy protection has raised concerns and worries among drivers at the company, who are members of Teamsters Local Union 1999.
Representatives from the Teamsters Union have yet to reach managers at Téo taxi. They will continue attempting to reach them in hopes of learning more about the company’s situation and what the next steps are.
Contrary to what some commentators are saying on the radio, our members are not responsible for this situation. We think mismanagement is what led to this, and the fact there was a high turnover at senior levels of the company.
Many companies are able to restructure and move forward after facing difficulties. We hope the company will be able to meet the challenges ahead of it and make the necessary arrangements with their creditors.
Teamsters represent 125,000 members in Canada in all industries, including 35,000 workers in Québec. The International Brotherhood of Teamsters, with which Teamsters Canada is affiliated, represents 1.4 million workers in North America.
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