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Fate Announced Its Definitive Closure: the Historic Argentine Tyre Brand Will Fire Its 920 Employees and Stop Producing
26 Articles
26 Articles
The firm will stop manufacturing in Argentina at its San Fernando plant and will, it confirmed, fire some 920 employees
From the union they linked the measure with the political and economic context, marked by the eventual approval of the labor reform and the dismantling of the industrial sector
The Argentine brand of the Madanes Quintanilla family has 80 years of life. It is the first large company to abandon its activity in recent years. According to relatives, all workers will be compensated
On a day that marks a new blow for the national industry and the workers of the province of Buenos Aires, the historic tire factory Fate announced today the definitive closure of its plant in Viceroyes, San Fernando’s party, leaving 920 workers unemployed, many of them understanding the measure when they arrived to work this morning and found the plant closed with a sign at the door. “They close the factory to import covers, this is now going to…
The historic FATE company dawned this Wednesday with its doors closed in the San Fernando plant, in a scene that ignited all the alarms of the industrial sector. This is what Miguel Ricciarduli, executive secretary of the tire union, told in dialogue with Mañana Sylvestre on Radio 10. “We find two posters at the factory door, the factory closed,” described FATE worker Miguel Ricciardulli in a chat with Sylvestre from inside the property.
The historic tire factory announced the end of its activity in Argentina after months of trade union conflict, falling demand and heavy import pressure, affecting the local manufacturing sector.
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