2024-12-17 17:55:10
Business
Economy

Impending Strikes Threaten Holiday Cash Supply

The cash and valuables transport industry faces significant unrest as collective bargaining disputes escalate. Employers and the Verdi trade union are locked in negotiations over wage increases and one-time payments for around 10,000 cash couriers. With Christmas approaching, the urgency to reach an agreement has intensified, as a failure to do so could lead to widespread strikes. Such industrial action threatens to empty ATMs during the busiest shopping season of the year, risking severe consequences for businesses and consumers alike.

Recent votes among union members resulted in a resounding rejection of the latest wage offers, with 66.9% opposing the proposed terms. This leaves the door open for strikes that could disrupt cash supply chains, potentially leading to shortages in retail settings. Employers warn of significant damage to their operations should strikes occur, urging a swift resolution to the ongoing negotiations.

In a related development, Verdi has also called for a 24-hour warning strike involving 3,500 employees at the Federal Printing Works, emphasizing the growing discontent across various sectors. The demands include substantial wage increases and better conditions for apprentices, further illustrating the widespread call for reform in labor practices.

As the situation unfolds, consumers are urged to consider alternative payment methods, including card transactions, to mitigate the impact of potential cash shortages. The collective bargaining landscape remains tense, with the festive season looming and the stakes higher than ever.
noz
17. Dezember 2024 um 13:17

Will cash run out at ATMs before Christmas?

Economy
Verdi is threatening strikes on cash supply before Christmas. A collective bargaining negotiation in Frankfurt will decide whether cash at ATMs will become scarce. At the airport, Verdi and employers are meeting to discuss the working conditions of 10,000 cash couriers.
focus
17. Dezember 2024 um 13:04

As early as tomorrow? - Strike shortly before Christmas: ATMs threatened to run empty

Economy
Finance
Collective bargaining conflict in the cash and valuables transport industry threatens strikes from tomorrow; consequences for cash supply and retail trade shortly before Christmas.
morgenpost
17. Dezember 2024 um 15:34

Empty ATMs Before Christmas? What You Can Do

Economy
Finance
Wage negotiations between German cash and valuables transport companies and the Verdi trade union over the working conditions of 10,000 cash couriers threaten to lead to strikes that could cause cash transports to fail and cash machines to run empty during the busiest Christmas sales period. The trade union members rejected a collective bargaining offer with 66.9% no votes, the companies warn of massive damage, customers can have cash paid out in retail stores, but are also called upon to pay..
CW

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