Thinking out of the shoe box, in France:
SAINT HIPPOLYTE DU FORT, France, May 30, 2007 (AFP) - Shoe factory workers in southern France took four senior managers captive on Wednesday after the firm announced plans to relocate its production to Tunisia.
Managers of Jallatte, Europe's leading manufacturer of safety shoes, told workers early Wednesday they intended to cut 285 out of 336 jobs across its four French production sites.
Furious at the news, union leaders and workers burst into a meeting in the southern town of Saint Hippolyte du Fort, attended by four top executives, including Giovanni Falco, managing director of the company's Italian owner JAL.
The managers were held captive for several hours, until Falco agreed to push back by three weeks a June 6 meeting intended to kickstart the restructuring plan.
Wednesday, May 30, 2007
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