Siemens deal paves way to longer German work week


By Katie Allen BERLIN, June 28 (Reuters) - A deal to lengthen working hours at industrial giant Siemens AG could set a precedent for other German firms that would boost competitiveness and -- in the medium term -- help create new jobs, economists said on Monday. After threatening to move 2,000 jobs to Hungary, Siemens agreed with Germany's largest industrial union IG Metall last week to lengthen the working week to 40 hours from 35 without raising wages at two mobile phone handset ...

Premium Content (PAID Subscription Required)

"Siemens deal paves way to longer German work week" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×