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Monday, October 10, 2011

Maruti Workers Seize Control Of Manesar Palnt

Striking employees of Maruti Suzuki, India’s biggest carmaker, have seized control of a factory hit by weeks of labour unrest, the company said on Monday, as a stand-off that has cost the firm over $150 million descended into violence.

Workers attacked managers and supervisors and damaged equipment at the Manesar plant, Maruti said, shutting down production for a third consecutive day as the company battles slowing demand in Asia’s third-largest economy.

“The plant is effectively captive in the hands of striking workers who are bent upon violence,” the company said in a statement, describing the situation at the factory as “grave.

From: http://ping.fm/G3Muk

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