SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: skinowski who wrote (89538)4/27/2012 9:22:12 AM
From: elmatador1 Recommendation  Read Replies (1) of 219210
 
Germany's engineers to strike over pay. unions demanding pay hikes of 6.5%, employers have so far tabled an offer for 3.0% over 14 months Published: 27 Apr 12 12:56 CET



Germany's powerful IG Metall labour union called on Friday for country-wide strikes in the key engineering and metalworking sectors from this weekend in an escalating dispute over pay.



IG Metall said in a statement that workers in a whole range of states - from Berlin and Brandenburg in the north to Bavaria in the south of Germany – would put down tools from midnight Saturday in protest over the "totally unacceptable" wage offer from employers.

Among the big industrial companies affected would be truck-maker MAN in Augsburg, industrial conglomerate Siemens via its Osram unit in Berlin, heavy industry giant ThyssenKrupp in Andernach, and automotive parts suppliers Continental and Bosch, the statement said.

The wage negotiations in the electrical, engineering and metalworking sectors, which employ more than 3.5 million people in Germany, are the bellwether for other key sectors of industry.

Talks are currently in a third round, and while unions are demanding pay hikes of 6.5 percent, employers have so far tabled an offer for 3.0 percent over 14 months.

Earlier this month, after several weeks of negotiations interrupted by warning strikes across the country, the two million people working in Germany's public sector secured a 6.3 percent pay hike for two years.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News