Newspaper article The Evening Standard (London, England)

I Was a Victim of Ageism, Says City Man Fired at 55

Newspaper article The Evening Standard (London, England)

I Was a Victim of Ageism, Says City Man Fired at 55

Article excerpt

Byline: Kiran Randhawa

A SENIOR financial analyst known as "the godfather of retail" is suing a leading bank for age discrimination, a tribunal heard today.

Tony Shiret claims Credit Suisse, which made him redundant at the age of 55, favoured younger employees. He told how he was targeted by his employer "because of my age".

Mr Shiret, one of the most experienced and highly regarded analysts covering the retail sector, was made redundant in June 2011 after 18 years with the bank, as part of cuts in Credit Suisse's equities department.

In his witness statement at East London employment tribunal, Mr Shiret, from Barnet, claims the redundancy procedure was "pre-selected without any consultation, weighted against me and inherently unfair".

He claims he should have scored higher than a counterpart in his thirties in a redundancy pool of four people.

Claiming the results were "fixed" and his dismissal was a done deal, he said: "It is apparent that I was targeted for redundancy whilst my younger subordinate Assad Malic was given some form of assurance that he would progress in his career. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.