Lanxess introduces short-time working for next 12 months

ERJ staff report (DS)

Leverkusen, Germany, Lanxess AG has put together a global package of measures to mitigate the effects of weak demand worldwide.

The package includes “introduction of a 35-hour working week with a corresponding remuneration decrease as of March 2009 for initially 12 months ” and Lanxess will not pay bonuses to employees for the business year 2009 for 5000 German non-managerial employees in 2009. The company said it had agreed the measures after holding negotiations with employee representatives and the IG…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with