Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

South Africa : 20 children killed in a bus crash near Pretoria

Read more

MEDIAWATCH

An Election in the Shadow of Terror

Read more

#TECH 24

How fintech is helping the unbanked

Read more

FRANCE IN FOCUS

Turning up the heat with French firefighters

Read more

THE WORLD THIS WEEK

Champs-Elysées attack: What impact on Sunday's French election? (part 1)

Read more

THE WORLD THIS WEEK

After Brexit and Trump: World waits on French presidential election (part 2)

Read more

REPORTERS

Battle to stop nuclear waste being buried in a French village

Read more

THE CAMPAIGN BEAT

After Champs-Élysées attack, security takes centre stage in election campaign

Read more

PEOPLE & PROFIT

Brexit: Come what May

Read more

Business France

Continental tyre factory workers win redundancy deal

Video by Susana FERREIRA , FRANCE 3

Text by FRANCE 24 (with wires)

Latest update : 2009-05-31

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.

Date created : 2009-05-31

COMMENT(S)