Industrial group Siemens AG won't move 2,000 phone assembly jobs from northwest Germany to lower-wage Hungary
Published:
26 June 2004 y., Saturday
Industrial group Siemens AG won't move 2,000 phone assembly jobs from northwest Germany to lower-wage Hungary, now that workers have agreed to lengthen their work week to 40 hours from 35 for no more money, the company said Thursday.
The agreement with the IG Metall union specifies that workers at the Bocholt and Kamp-Lintfort facilities must work an average of 1,760 hours a year measured over a two-year period. Excluding vacation and holidays, that amounts to an average 40-hour week, and permits the company to gear up when there's more work and have people work less when it's slow.
"The solution for Kamp-Lintfort and Bocholt is a triumph of reason," said Siemens CEO Heinrich von Pierer, who has said the facilities must cut costs or see jobs move east. "Our employee representatives, IG Metall and our company management have show that there are realistic ways to counteract job cuts in Germany."
The agreement, struck between the industrial employers' association and IG Metall, takes effect July 1 and guarantees the jobs of the covered workers at the two plants - more than 4,000 in all - who assemble mobile and cordless phones.
Šaltinis:
thestate.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
European Commission Vice-President Siim Kallas, responsible for transport, today presented to the College a preliminary assessment of the economic consequences for the air transport industry of the volcanic ash crisis.
more »
Boosting economic recovery, investing in Europe's youth and in tomorrow's infrastructures are the priorities of the 2011 draft budget adopted by the Commission on 27 April 2010.
more »
European Competition Commissioner Joaquín Almunia welcomes proposed commitments by Visa Europe to significantly cut its multilateral interchange fees (MIFs) for debit card payments.
more »
Because of the Icelandic volcano, flower growers in Colombia couldn't get their stems to markets in Europe.
more »
The Second Vice President of the Spanish government and Minister of Economy and Finance, Elena Salgado, on Sunday played down the importance of apparent fissures within the EU concerning the Greek financial crisis, expressing her confidence that all countries would support the aid package for this country, which will be accompanied by a tough budget-tightening plan.
more »
Commission launches an information campaign on the CE conformity mark - designed to ease the free movement of goods around Europe and protect consumers.
more »
If Europe's airports ever open again the introduction of new security measures like body scanners will be expensive.
more »
After Eurozone Finance Ministers agreed measures to address Greece’s financial woes last Sunday, MEPs quizzed leading economic figures, including the chairman of Goldman Sachs - former financial advisors to the Greek government - on how to strengthen EU economic governance and improve reporting of national statistics.
more »
The European Tourism Stakeholders Conference, being held in Madrid today and tomorrow, will explore ways and means to strengthen the visibility of tourism at a European level and to verify how the actions to promote a competitive EU tourism industry.
more »
The European Bank for Reconstruction and Development (EBRD), World Bank Group member IFC, and The Netherlands Development Finance Company (FMO) have joined up with the Asia Debt Management Hong Kong (ADM Capital) to establish a regional fund to invest in midsize companies facing financing difficulties as a result of the financial crisis.
more »