FRANCE: Management-staff talks to resume at La Redoute
Negotiations between management and staff at French mail order firm La Redoute over a redundancy programme are set to resume after a five-day blockade of the company's main distribution centre ended yesterday (11 March).
The protests centred around the severance payments offered to redundant workers, of which Kering is contributing EUR200m (US$277.2m).
In January, the company said 1,350 jobs would be axed over four years as part of a strategy to return to growth in 2016.
La Redoute, which is being sold by Kering to its senior managers, called off a meeting with unions on Monday, saying it was unwilling to negotiate while the blockade was in place.
"With the blockade lifted, there is every chance we can re-start the negotiating process with the unions in the coming days," a company spokesperson told just-style.
"A redundancy deal must be reached before Kering relinquishes control of La Redoute."
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