- Join the France 24 community here
- Log in
Latest update: 31/05/2009
- auto industry - strike
Continental tyre factory workers win redundancy deal
Employees at the German-run Continental tyre factory in northernFrance have won a significant victory. After months of negotiations, staff at Continental's Clairoix plant are in line for a 50,000 euro per person layoff deal.
At a time of doom and gloom in the economy, employees at the German-run Continental tyre factory in France have won a significant victory.
After months of negotiations, 1,120 staff at the Continental plant at Clairoix in northern France are in line for a 50,000 euro per person layoff deal.
The decision was announced three months after the first move to close the plant. Employees at the plant had staged a series of protests including storming a company office and a government building.
Employees will get the 50,000 euro payoff on top of the redundancy compensation set by the law, after an initial offer from the management of 17,000 euros per employee.
Talks continue on early retirement arrangements for some employees.
In the meantime, staff won't go to work for the eight remaining months before the factory closes.
Read more
‘Darth Vader’ demands free land from Ukrainian government
Browse all editions
React to the article
(1) Reaction
NOT TO BAD, BUT NOT TO GOOD
May 31 2009 Liborio Press fron Argentine experiences
Not as bad, but it can be good
Well if were the Union Work Representativa, I will do different
I will call government to buy the German-run Continental tyre factory
select from 1,120 staff a new Board of Directors, put the 50,000 euro per person layoff deal
in a fund saliry and borrow and certain amout for budget operation for two years.
with the compromise of return the money to government in ten years.
The factory will run as a cooperative where all are ownner. The market still there
and will recover is the price is good.