The reasons are restructuring, lay-offs, outsourcing and the wage agreement.
The Histadrut (General Federation of Labor in Israel) has declared a strike at Beersheva plant of Makhteshim Agan Industries Ltd. (TASE: MAIN). The Histadrut said the reasons for the strike were the restructuring of the company, which includes lay-offs and additional outsourcing, and the wage agreement. No date has been set for starting the strike.
Makhteshim Agan says it is negotiating with the employees, adding that the lay-offs would not be extensive and only after discussions with the employees.
Published by Globes [online], Israel business news - www.globes.co.il - on March 15, 2007
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