The audience between tire company Fate, union SUTNA, and the government ended without agreement on Monday at the Labor Secretariat. Under the ongoing mandatory conciliation, dismissals remain suspended as a new meeting is scheduled for March 4. Tension continues in the tire sector following the plant closure announcement.
Argentina's tire industry faces heightened uncertainty after Fate announced the cessation of operations last week. On Monday, February 23, 2026, the audience convened by the Labor Secretariat, under the framework of mandatory conciliation, brought together representatives from the company and the Single Union of Tire Workers of Argentina (SUTNA), but it ended without a positive resolution. The meeting aimed to preserve jobs and productive continuity, though it concluded with an empty agreement record.
The Ministry of Human Capital issued an official statement confirming the deadlock: "it has not been possible to reach an agreement between the parties." To exhaust administrative instances and prevent definitive closure, the Labor Secretariat scheduled a new summons for Wednesday, March 4, at 11:00 a.m. The ministry reiterated that it "will continue promoting negotiation spaces between the parties, safeguarding employment, productive activity, and compliance with labor regulations."
From the union led by Alejandro Crespo, a state of alert is maintained, describing the situation as "boss blackmail." The company argues a structural lack of competitiveness due to high operating costs and declining demand, within a broader context of industrial sector contraction. Meanwhile, the mandatory conciliation remains in effect, suspending the announced dismissals.
