Thanks to strong bargaining power, the IG Metall union, which represents some 3.9 million workers in the metal and electrical industries, is pushing for a 6% wage increase and a 28-hour week for a two-year period — with limited impact on wages.
Laws affecting inquiries into the criminal histories of job applicants and workplace drug testing are among the issues manufacturers will grapple with in 2018.
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The plan to cut almost one-fifth of the power division’s global workforce underscores GE’s bad bet on an old-school industry as natural gas loses favor and renewable energy gains.
Manufacturing payrolls are up by 31,000, while construction adds 24,000, matching its highest since February.
The IG Metall union has submitted a catalog of demands, including assurances that the Indian company won’t flood the European market with steel.