IG Metall launches German auto strikes in pay bid
Article Abstract:
German union IG Metall organized several warning strikes, or brief work stoppages, at German automobile manufacturing companies as well as metal and engineering plants in an effort to win wage increases for its members. The first strikes were on Friday when 220,000 walked off of work at BMW AG and DaimlerChrysler AG, and continued on Monday when 11,000 workers walked off the job at Ford Motor Co.'s plant in Cologne. IGM metal demands a 6.5% pay increase for its 2.7 million members, and the employers' federation has offered 2% plus a one-time payment of .5% of their salaries. Mediation is set to resume on Wednesday.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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IPrint to cut work force by 30%
Article Abstract:
IPrint Technologies Inc. is planning to layoff 30% of its labor force after its merger with Wood Associates. IPrint is still forecasting a a loss of 12.5 European cents per share for the 2001 fourth quarter.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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TRW to cut automotive jobs on softness in U.S
Article Abstract:
TRW Inc. is planning to downsize its automotive labor force by 1,000 employees. The layoffs will lead to a charge of $40 million (43 million euros) for the 2001 first-quarter.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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