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Toyota Kirloskar Motor on Sunday declared a lockout following the breakdown of talks between the employees union and the management over wages and other demands.
A press release from the company said the management and the union have been discussing the charter of demands for 2013-14 for the past 10 months. As a bipartite agreement could not be reached, the Labour Department of the Karnataka Government conducted seven tripartite meetings to reach a settlement. The conciliation efforts of the Labour Department have not yielded result.
Certain sections of the employees resorted to dstoppages of production line, threatening of supervisorscontinuously disrupting business for the past 25 days. All these have been detailed in the lock-out notice, the company said in a statement.
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