Professional Documents
Culture Documents
Yes, the idea of relocating of the Pune plant had almost resulted in the
displacement of 600 workers from 1 unit which is turn could possibly
target their jobs. The unions realized that the management might not be
able to complete tasks and that their jobs are in danger. The union also
faced another problem of being shifted under another ownership of
Videocon which made them think that this company will not be able to
pay the wages and they cannot trust on this company too, because
Videocon faced a problem while make payment, they can’t pay in time
during the course of its transaction with Philips.