09 July 2010 17:33 [Source: ICIS news]
PRAGUE (ICIS news)--Trade unions have dropped plans for imminent strike action at sole Polish toluene di-isocyanate (TDI) producer Zachem, the unions and the company’s management said in a joint statement on Friday.
“The employer and the unions believe there is sufficient potential to solve all the problems by way of a responsible partnership,” the statement read.
The unions object to a Zachem restructuring plan which it believed would reduce the workforce of 1,100 by as many as 350 employees over the next three years.
Last month, nearly two-thirds of workers at Zachem voted to strike if the company's management failed to make acceptable concessions in a dispute over the proposed job cuts.
Zachem is a subsidiary of Polish chemical group Ciech.
($1 = €0.79)
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