Call for talks on LTI jobs; PLEA: Councillor worried about threat to city firm.Byline: Sandish Shoker A CITY councillor has called for an urgent meeting with bosses at Coventry black cab manufacturer LTI LTI Linear Time Invariant LTI Long Term Incentive (NZ) LTI Lingua Tertii Imperii (language of the NAZI empire, Latin) LTI Lost Time Injury LTI Leadership Training Institute LTI Lost Time Incident . Coun Gary Ridley 'Gary Ridley' can refer to:
"I have called for a meeting with the company to see what they have in mind and see if there is any way we can offer them support," he said. "As a council we want to keS ep LTI in CovenS try and if there is going to be redundancies we need to know about it so that we can help those employees that will be affected. "It is really in our interest to keep manufacturing alive in Coventry. We lost Peugeot a couple of years ago and have lost (jobs at) Jaguar two or three times so it is important that we do everything we can to safeguard jobs in the city." Parent company of LTI, Manganese Bronze n. 1. A brass alloy having from 1 to 4 percent of manganese added to harden it; made by adding manganese to the copper and zinc used in brass. Noun 1. , announced earlier this week that vehicle sales had dropped nine per cent in the last eight months and that the business was facing some tough decisions. Bosses said that restructuring of its manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. and redundancies were possible options to help the company save money, which means that about 250 jobs at the Coventry plant could be at risk. Coun Ridley added: "I recognise the situation the company is in, but I think most people want to know the position on jobs and about the future of the production plant in Coventry. "What LTI has said could mean a reduction in staff or closing the plant. But the current level of uncertainty is not going to help anyone. "I recognise they are a private company and the decision is theirs, not ours, but that is why I would like to talk to discuss ways we can work together." A 90-day consultation process with staff and stakeholders is now under way to get their views and ideas on ways the firm can increase profitability. CAPTION(S): LETTER ... Gary Ridley |
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