By on November 7, 2012

Renault opened negotiations on a new labor deal for France with a big squeeze, Reuters reports. Renault wants pay and working time concessions from its French workers. If Renault doesn’t get a good deal, jobs could go elsewhere.

Renault said it wants a deal by January, and will not choose production sites for future models before then.

“There is a clear blackmail attempt here to link factory decisions with the productivity issues,” a CGT union official said.

Renault CEO Carlos Ghosn had dropped ample hints that the company doesn’t have to be in France, and that it could leave the country if Renault is unable to compete at home.

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