Conclusion of a supplementary collective agreement
"As part of constructive and objective negotiations, all parties have also agreed that there will be no redundancies for operational reasons until December 31, 2015," says Jan Siebert, CEO of the KraussMaffei Group.
Furthermore, to increase the international competitiveness of the KraussMaffei Group, it has been agreed that employees will work 38 hours per week between January and September 2014, and 37 hours per week between October 2014 and December 2015, without any wage compensation.
