Four months after Liberty Steel filed for bankruptcy and six months since their last salaries, former employees of the steelmaker remain in limbo, with union officials describing growing desperation among workers.
In a statement released on Wednesday, the Independent Luxembourg Trade Union Confederation (OGBL) warned the situation has become “untenable” for affected staff. While bankruptcy-related assistance payments were disbursed promptly, the union states that these measures remain “largely insufficient” to offset workers’ financial and personal hardships.
The OGBL notes a potential buyer has been secured who intends to retain the workforce, with employees “ready to return to work immediately.” However, the union reports no progress in finalising the transaction, leaving the employees of Liberty Steel without any income.
According to the union, Luxembourg’s legal framework is “not suitable” for such cases, and meetings with the government and staff have so far offered no alternative other than to “wait for the completion of the sales process.” The union is urging “swift and pragmatic” interim solutions to address the mounting crisis.
