Yura Shinwon in Niš stops production – 400 workers will lose their jobs
Korean company Yura Shinwon has said it will end production of auto parts and all services of this department at its plant in NiÅ¡ due to a significant loss of business, writes the Beta news agency.
The ad, pinned to the factory notice board, does not indicate how many workers will lose their jobs.
As the Beta agency learned from employees, 264 full-time employees will be able to continue working, while nearly 400 employees on fixed-term contracts lose their jobs.
âFixed-term contract workers have until September 11 to declare whether they wish to move to work in Yura’s second factory. Those who accept will sign an annex to the contract and continue to work for a fixed period of six months, while those who refuse will lose their jobs, âsaid a worker who wished to remain anonymous.
According to him, the workers were told that if they refused to move to the other factory, they would end up without severance pay, as the employer has the right to do so under existing labor laws.
âThe notice says the plant will close on September 30 and that took us all by surprise. Workers who have a fixed-term employment contract are really worried; they wonder if they will be able to find another job quickly because they have families to support and many have bank loans to pay, âsaid the same worker.
The management of the South Korean company declined to comment further on the fate of the factory and the dismissal of the workers.
(Nova Ekonomija, 07.09.2021)
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