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.
Jaguar F-Type
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
-
UAW Launches Strike Against GM
As expected, some 48,000 of the United Auto Workers Union members began a strike at midnight Sunday against General Motors Co. facilities in the U.S.
-
EU’s Industry Commissioner: “Diesels Are Finished”
The Volkswagen diesel scandal triggered a “breakthrough moment” among European consumers about clean air that will mean the demise of diesels, says European Union Commissioner Elzbieta Bienkowska.
-
Tesla Fires Hundreds of Employees It Considers Sub-Par
Tesla Inc. dismissed roughly 400 hourly and salaried employees last week, according to The Mercury News in San Jose, Calif.