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Top trade union demands guarantees in Thyssenkrupp-Tata steel JV

To appease workers a group of board members and labour representatives was set up shortly after the announcement


IG Metall, Germany's largest trade union called on Thyssenkrupp's management to provide guarantees for jobs, plants and future investments in relation to a planned European steel tie-up with Tata Steel. In an information leaflet seen by Reuters, IG Metall said management had failed to address employees' concerns about their future once the joint venture goes ahead next year. "Until now, there have been lots of warm words instead of reliable information. Under these circumstances we cannot approve of this joint venture," IG Metall said, adding it expected ...

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First Published: Tue, November 07 2017. 17:55 IST