Tag #Labor Negotiations

faz.net
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Porsche SE Withdraws Profit Forecast, Anticipates Substantial Loss

Porsche SE withdrew its profit forecast for the fiscal year, now expecting a substantial loss due to significant write-downs on its VW shares; this stems from a discrepancy between the book value and current market value of the shares, exacerbated by a delay in VW's internal planning data related to...

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zeit.de
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German Metalworkers Reach Collective Bargaining Agreement

The collective bargaining dispute in Germany's metal and electrical industry's Mitte district has concluded with an agreement that includes wage increases, one-time payments, and improved conditions for apprentices. Both sides highlighted the importance of compromise and collaboration.

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sueddeutsche.de
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Germany Faces Contentious Public Sector Wage Negotiations

Upcoming labor negotiations in Germany's public sector are expected to be contentious, with unions demanding significant wage increases while employers cite financial constraints. The outcome will have far-reaching implications for the German economy and public services.

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