Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

German union Verdi calls for further strikes at Deutsche Post

Published 28/04/2015, 18:11
© Reuters. A Deutche Post sign stands in front of the Bonn Post Tower in Bonn
DHLn
-

FRANKFURT (Reuters) - German labour union Verdi on Tuesday called for further strikes at Deutsche Post (DE:DPWGn) in a dispute over plans by the company to expand its parcel delivery service using workers on lower pay.

Walkouts could start soon, the union said after two days of negotiations with Deutsche Post management ended with no agreement.

Deutsche Post announced plans in January to create 10,000 jobs in its parcel business by 2020, but said new workers would have to accept lower wages than other group employees as it tries to compete in a rapidly growing industry.

Verdi has said such a move would breach an agreement limiting how much business Deutsche Post can outsource to third parties and said it would only accept it if the company shortened its workers' hours to 36 per week from 38.5.

Deutsche Post workers have already staged two two-day strikes earlier this month.

© Reuters. A Deutche Post sign stands in front of the Bonn Post Tower in Bonn

Further talks are scheduled for May 8 and 9 in Berlin, the union said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.