Germany : the Daimler board and central works council adopt a new employment pact

Significant concessions for workers. A month after starting their negotiations (see our dispatch n°090371), management and the central works council present to workers in extraordinary general assemblies an agreement for the car maker to reduce workforce costs by € 2 billion comprising: 
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Significant concessions for workers. A month after starting their negotiations (see our dispatch n°090371), management and the central works council present to workers in extraordinary general assemblies an agreement for the car maker to reduce workforce costs by € 2 billion comprising:

  • An 8.75% reduction in working time on May 1, 2009 for all workers not on partial unemployment with an equivalent drop in wages of clerical staff and in R&D.

  • A reduction in the complementary wage paid to wo
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