Mexican Media Brands
JLR Workers in U.K. Reject Contract Offer
Jaguar Land Rover workers in the U.K. are threatening to strike over stalled labor contract talks.
#labor
Share
Jaguar Land Rover workers in the U.K. are threatening to strike over stalled labor contract talks.
Workers overwhelmingly rejected an offer made in October that would give them annual raises of 3.6% in the first year and at least 3% in each of the following two years. Union officials say workers are unhappy with proposed pension cuts.
The union says workers aren't receptive to cuts because it claims the company, a unit of Tata Motors Ltd., is earning 10 million (€13 million) per day. JLR's pretax profit has more than doubled over the past three years on growing global demand for its luxury cars and high-end SUVs.
RELATED CONTENT
-
Young Auto Engineers Say Their Employers Don’t Measure Up
Only one-third of U.S. automotive engineers below the age of 36 agree that their work experience matches the way their employers’ portray themselves publicly, according to new research.
-
UPDATE: UAW, GM Reach Tentative Labor Deal
General Motors Co. and the United Auto Workers union have reached a possible deal on a new four-year labor contract covering some 48,000 of the union’s hourly workers in the U.S.
-
CEO Barra Steps into GM-UAW Talks
General Motors Co. CEO Mary Barra met secretly with United Auto Workers union leaders yesterday afternoon, according to the New York Post, which first reported the event.