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France / New labor deal at Renault

French carmaker Renault (RENA.PA) has won support from workers for a nationwide deal on pay and conditions to boost its competitiveness as a second union gave its backing to the move on Wednesday.

Force Ouvriere said in a statement that it had decided by a large majority to sign the new agreement “for a new growth dynamic and social development at Renault in France”.

The decision follows a similar move by Renault’s main union, the CFE-CGC, last month, giving Renault enough support to validate the accord.

A Renault spokesman had no immediate comment, however.

A deal between the company and unions is expected to be officially signed following a works council meeting next week.

Chosen excerpts by Job Market Monitor


via Renault wins union support for new labor deal | Reuters.


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