Hydro says 20 workers in Sweden may lose job over Tesla union conflict
Reuters
Published Jan 12, 2024 15:46
OSLO (Reuters) - Norwegian aluminium maker Hydro on Friday said 20 employees at one of its plants in Sweden were at risk of losing their jobs over a conflict between the IF Metall labour union and electric vehicle maker Tesla.
Unionised workers at Hydro Extrusions Vetlanda said in November they had stopped work on components for Tesla cars in a sympathy action with Swedish mechanics who are demanding a collective bargaining agreement with the U.S. automaker.
Hydro's Vetlanda plant, which employs some 600 people, has since November found alternative work for employees involved in the conflict, but was no longer able to do so, a company spokesperson said.
Negotiations will now begin with labour union officials which could ultimately lead to 20 people losing their jobs, the Hydro spokesperson said.
Hydro said it was not itself part of the conflict between Tesla and IF Metall, and declined to comment on the exact nature or volume of the components affected by the strike action.
An IF Metall spokesperson said negotiations with Hydro had begun.
Tesla did not immediately respond to a request for comment.
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.