Mexican Media Brands
Third French Union Backs Renault Contract
CFDT union, which represents 19% of Renault SA's hourly workers in France, has agreed to support a contract the carmaker has reached with two other unions.
#labor
Share
CFDT union, which represents 19% of Renault SA's hourly workers in France, has agreed to support a contract the carmaker has reached with two other unions.
The CFDT's backing means Renault has won contract approval from unions representing 64% of the company's workforce in France, thus gaining majority backing. The only holdout is the militant CGT union.
French law requires a contract to garner the support of unions representing at least 30% of workers. The national works council is scheduled to vote on Tuesday.
Analysts say the CFDT's participation makes it almost certain that the pact will be enacted. Renault has said the contract which allows it to shed 7,500 jobs by 2016, freeze wages this year and boost working hours will save it about €500 million per year.
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.
-
Targets of U.S. Aluminum and Steel Tariffs Declare Counter-Measures
As expected, the European Union, Canada and Mexico have announced a broad array of counter-tariffs in response to U.S. import taxes of 10% on foreign aluminum and 25% on foreign steel that went into effect at midnight.
-
Ex-FCA Official Pleads Guilty in Labor Training Fund Scandal
Alphons Iacobelli, a former head of labor relations for Fiat Chrysler Automobiles NV in the U.S., has pleaded guilty of stealing millions of dollars from an employee training fund.