AGP Executive Report
Last update: 7 hours agoIndustrial Relations: IG Metall is escalating warning strikes at more than 2,000 German workplaces, covering 3.7 million employees. The union wants a 5% pay rise and job security; employers have offered a one-off payment and a 1.3% increase from 2028. Factory Jobs: German manufacturing expanded for a tenth straight month in October, and employment fell only fractionally—the smallest decline since August 2023. But rising costs and slower new-order growth point to continuing pressure on employers. Workforce Mobility: Germany has introduced a fee for its fast-track process for recruiting foreign skilled workers and outlined the steps and documents required. Customer Service: Telefónica Germany plans to transfer its Bremen and Rostock customer-service sites, employing about 430 people, to business-services firm TP from January 1, subject to regulatory approval.
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