Under workers' control
How some Argentines are saving their jobs
WHEN sacked workers at Ghelco, a bankrupt maker of ingredients for ice cream, discovered earlier this year that the firm's owners were selling its assets, they put up a tent and started camping outside their former workplace in protest. Two months later, their campaign bore fruit, when the court handling the bankruptcy hearings leased the factory to them for a peppercorn rent. Now, minus the managers who accounted for a third of Ghelco's 90 employees, the factory is working again.
This article appeared in the The Americas section of the print edition under the headline “Under workers' control”
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