Almost three months after the disputed announcement, on January 15, 2008, of the closing of Nokia's Bochum factory, the Finnish telecom giant and the works council (WC) defined, on April 8, the guidelines for a €200 million redundancy program...
In spite of a good economic situation and wage agreement that are more generous than the previous years, Germany keeps recording a lower wage increase than most European countries.
Since 1993 the percentage of low-wage workers among full-time employees subject to compulsory social security contributions has risen from 13.8 % to 17.3% (2003) with a significant difference between West (16.6%) and East Germany (19.0%)