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24 January, 2002The Daewoo Motors Workers' Union stands firm on its demands for job security and collective agreement.
KOREA, REP: The proposed acquisition of Daewoo Motor Co. by the U.S. transnational carmaker General Motors remains unsettled. GM is still calling for a revision of the current collective bargaining contract for Daewoo workers, which the Daewoo workers' trade union will not accept. The contract requires union support in the event of a sale of the automaker's assets or layoffs.
In a meeting which took place this week between the Korean automaker and the union, the union insisted that it cannot accept the takeover deal unless there is job security for all Daewoo Motor workers and the collective agreement is maintained.
Other union demands are for 400 laid-off workers to be rehired by the end of the year and to be clearly informed of GM's future development plans for Daewoo Motor.
In a meeting which took place this week between the Korean automaker and the union, the union insisted that it cannot accept the takeover deal unless there is job security for all Daewoo Motor workers and the collective agreement is maintained.
Other union demands are for 400 laid-off workers to be rehired by the end of the year and to be clearly informed of GM's future development plans for Daewoo Motor.