UPDATE 2-Porsche close to labour pact, works council says

Newswire

(Adds Schroeder, CEO comments) By Hendrik Sackmann STUTTGART, Germany, June 22 (Reuters) - Luxury carmaker Porsche is close to a deal with staff to secure German jobs in return for concessions on working hours, a labour official said on Wednesday. Works council chief Uwe Hueck told a meeting of employees that an accord would be "signed, sealed and delivered" shortly but had not been agreed in detail yet. The accord calls for investing around 200 million euros ($244 million) in a new ...

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