Don't miss

Replay


LATEST SHOWS

THE INTERVIEW

Rwandan president claims 'no problem with France'

Read more

EYE ON AFRICA

Paul Kagame visits UNESCO HQ in Paris

Read more

MEDIAWATCH

Flamboyant US Congressman's Instagram Lands Him in Bother

Read more

THE WORLD THIS WEEK

Compromise buys Greece time and Jihadi John is unmasked (part 2)

Read more

THE WORLD THIS WEEK

Compromise buys Greece time and Jihadi John is unmasked (part 1)

Read more

#TECH 24

Drone vs. drone

Read more

FRANCE IN FOCUS

The future of agriculture

Read more

REVISITED

Yalta, the symbol of a new Cold War?

Read more

#THE 51%

Women in the workforce: IMF says closing the gender gap makes economic sense

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)