TKM declares lockout at Bidadi
Automaker Toyota Kirloskar Motor (TKM) has declared lock out at its two plants at Bidadi town near Bangalore city as certain sections of the employees have been continuously disrupting business for the past 25 days.
"The Management and the Union have been discussing the charter of demands for the period FY13-14 for the past 10 months. As bipartite agreement was not reached, the Labor Department of the Government of Karnataka conducted 7 tripartite meetings in order to reach a settlement. The conciliation efforts of the Labor Department have not yet resulted in an agreement," TKM had said in a statement on Sunday.
"In the meantime, under the instigation of the union, certain sections of the employees have resorted to deliberate stoppages of the production line, abuse and threatening of supervisors thereby continuously disrupting business for the past 25 days. All these unlawful activities have been detailed in the lock-out notice," it said.
The company said: "With this background, the Company is left with no other option but to declare a lockout of the premises to ensure the safety of its workers and management personnel. "
(Posted on 17-03-2014)
Free Yearly Horoscope: Select your zodiac sign