2024-10-16 13:29:08
Business
Economy
Employment
Metal and Electrical Industry Faces Significant Job Reductions
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DER SPIEGEL
Economy
Politics
Gesamtmetall President Stefan Wolf warns that the metal and electrical industry could lose 250,000 to 300,000 jobs over the next 5 years. Despite job cuts, companies have to work more due to a shortage of workers. The union is demanding a 7% pay rise. Wolf sees energy prices, corporate taxes, social security contributions and bureaucracy as problems and calls for an "Agenda 2040". Warning strikes are expected from the end of October. In an earlier interview, Wolf had mentioned significantly lo..
Tagesschau - Wirtschaft und Börsen-Nachrichten
Problems in the Economy Gesamtmetall Chief Demands "Agenda 2040"
Economy
Politics
Gesamtmetall President Stefan Wolf is calling for an "Agenda 2040" as a structural reform, similar to the "Agenda 2010" under Gerhard Schröder, to cope with the loss of 250,000-300,000 jobs in the metal and electrical industry; Ifo chief Clemens Fuest considers the wage demands of IG Metall to be too high; collective bargaining is currently underway, with the threat of warning strikes; the federal government emphasizes that the labor market is stable.
gmx
Job Cuts Loom in the Metal Industry
Economy
Finance
Gesamtmetall President Stefan Wolf warns of job cuts of up to 300,000 jobs in the metal and electrical industry. Companies should design the reduction in a socially responsible manner, but demand more flexibility in working hours.
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