No economic layoffs until December 31, 2012. Staffing cuts needed for the savings program will be “subtle,” i.e. via gradual early retirement (Altersteilzeit), early retirement, non-renewal of fixed-term contracts, voluntary leave with compensation, natural fluctuation, transfers within the group, and so on. Hans Prufer, WC chairman, told Planet Labor that around 1,000 jobs should be cut this way in Germany.
,000 employees of the group in Germany are safe from economic layoffs until December 31, 2012. (Ref. 090812)
Six key principles. Announced by the management in February, the “Perform to Win” savings program should help the group save almost €1.5 billion by 2011. signed by the management, the works council (Konzernbetriebsrat) and the two unions present at E.ON – Verdi (services) and IG BCE (chemistry,) the compromise signed on August 8 sets six key principles which will be used to write future agreements (interest compensation and social plan) accompanying the implementation of the savings program.
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