Schroeder welcomes shorter hours to save jobs

Newswire

BRATISLAVA, Oct 29 (Reuters) - Chancellor Gerhard Schroeder said on Wednesday he welcomed plans by Opel, the German unit of carmaker General Motors , and German phone giant Deutsche Telekom to cut the working week to save jobs. "Any way of organising working hours which avoids lay-offs and leads to new hiring is progress," Schroeder told journalists on a visit to the Slovakian capital Bratislava. Schroeder said he could not judge if this would be the case with the plans of these two ...

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