Welsh Car Workers May Be Leading Way in Showing How to Tackle Recession ; Agreement to Cut Pay and Hours Could Be Copied Across Industry
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Summary
A GROUNDBREAKING deal that saw Welsh car plant workers accept a 10% cut in pay and hours could be adopted across industry as a template for surviving the recession.
Industry and trade union leaders believe the deal thrashed out between Toyota's management and workforce on Deeside could pave the way for a raft of similar agreements across the private sector.See the full content of this document
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Welsh Car Workers May Be Leading Way in Showing How to Tackle Recession ; Agreement to Cut Pay and Hours Could Be Copied Across Industry
The agreement for a four-anda- half day week was reached against the backdrop of an ever worsening economic picture, with unemployment predicted to rise to three million and demand for cars and other expensive goods tumbling...
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