(Reuters) - A stumbling block for any potential buyer is organized labor, however, as unions fear a sale of VDO may result in major job cuts.
The Frankfurter Allgemeine Sonntagszeitung reported, citing sources familiar with the negotiations, that TRW had tried to assuage those fears by making assurances it would keep VDO's administration and "practically cut no jobs".
Read more at Reuters.com Business News
The Frankfurter Allgemeine Sonntagszeitung reported, citing sources familiar with the negotiations, that TRW had tried to assuage those fears by making assurances it would keep VDO's administration and "practically cut no jobs".
Read more at Reuters.com Business News
No comments:
Post a Comment