TATA SPREADING NEW WINGS
Tata motors will Sign a three way Heads Of agreement with ford and JLR labor union unite within A few days, paving the way for final takeover of brands, Expected early march.
Dave Osborne, motor Industry leader for Unite, who is among the key negotiator for the 15,000 plus J. L. R. workers. A tripartite Document, Would outline the assurances and agreement Reached Between the three key players regarding the deal. A final memorandum Of Understanding on the takeover will be followed soon.
Osborne Expressed “ Satisfaction ," At last weeks talks with Tatas And Said The Indian auto major had agreed To Demands of the union , Giving commitment to their various concerns, Including Job security and protecting work in U.K.
Osborne Said the meeting with the Tatas On Thursday was “ Extremely Constructive “ As it reaffirmed The commitment given in November Last year . “ we Do Not see any necessity on meeting Them again Now and discussion with Them Have been wrapped up .” Osborne said
Among the various demands raised by unite was on long term job security for J. L. R. workers Post the deal, Maintaining manufacturing footprint In the UK maintenance of pension scheme as well as Terms and conditions to ensure That employment And engineering Work Not been offshore . “ Also , Tata Denied rumors that it planned to manufacture land rover in India or Offload Jaguar After the deal.,” Osborne added.
However, Osborne said unite was yet to conclude its parleys With Ford, with whom It has been holding Parallel talks. Further discussion is expected with ford to sort out a couple of outstanding issues,” He Added.
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