Spain: unions and Seat’s management are negotiating the cut of 1,500 jobs

Unions and Seat's management started talks about a staff adjustment which should lead to the cut of 1,500 jobs on a three-year period. One year ago, Volkswagen's Spanish subsidiary had already proceeded to the suppression of 1,000 posts, which brings the total to a reduction of 16% of the payroll. (Ref. 070280)
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The car manufacturer’s management is starting negotiations with the will to carry out no forced lay-offs. It notably offers compensation packages which might go as high as 140,000 euros. Seat is offering early retirements, voluntary departures and improved leaves of absence. People over 58 on December 31, 2007 will be allowed to retire, with a maximum of 34 monthly payments paid. The management’s offers are in accordance with what Volkswagen had granted for the Forest factory in Brussels. De

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