Renault rejects demands for payouts by laid-off French workers threatening to blow up factory
BOULOGNE-BILLANCOURT, France – Carmaker Renault SA on Thursday rejected pleas for handouts by laid-off workers at a French auto parts supplier, offering a compromise that employees said wasn’t enough to defuse their threat to blow up their factory. The protest by workers at parts supplier New Fabris in central France is the latest example of violent measures French workers are resorting to in resisting job cuts and cost cuts amid the country’s worst recession in decades. The workers met with Renault managers at the company’s headquarters outside Paris on Thursday, demanding payouts of euro15,000 ($21,000) for each of the 366 laid-off workers. France’s No. 1 carmaker agreed to buy up…
from WN.com – World News
