Toyota employees to resume work
Toyota Kirloskar Employees Union (TKMEU) said they were ready to resume work on March 24 but would not sign any undertaking as desired by the company, which has agreed to lift the lock-out at its two plants in Bidadi, following government's conciliatory efforts. "Management has decided to lift the lockout from March 24, but they have put some conditions and said we will have to give an undertaking. We are ready to resume work but won't give any undertaking," TKMEU President Prasanna Kumar told PTI after its general body meeting. Toyota Kirloskar Motor, the subsidiary of Toyota Motor Corp of Japan, had on March 16 declared a lockout following the failure of talks between the management and the union on wage negotiation.
Read the Economic Times news report here.