Tuesday, June 3, 2008

News from the Slovenian KNG

Workers at the Goodyear-owned Sava Tire in Slovenia are becoming increasingly frustrated with contract negotiations. The union is being told that inventory is high and second quarter sales are way down. The company says it is looking to lower cost 150 million Euros, about the same amount of money needed to build another plant in Russia. The Slovenia workers are asking why the need for so many cuts in light of the company's global profits and why build a new factory with an already filled market.

No comments: