Steyr Automotive: According to the company, no layoffs for the time being

After the sale of the MAN plant in Steyr to investor Siegfried Wolf, discussions with the employees about their future in the new company Steyr Automotive have ended.

For the time being, no dismissals were necessary among the now 1,900 people. The company announced this in a press release on Friday. Around three quarters would have signed the contract to stay, while a quarter would have opted for a variant of the social plan. Those around 75 percent who stay with the vehicle manufacturer had to accept wage reductions: for blue-collar workers this is a maximum of 15 percent of the net wage, for white-collar workers an average of 10 percent less gross salary and no overtime allowances. Depending on the length of service with the company, there was a final bonus of up to 10,000 euros in return, as well as the option of switching from old severance to new severance service, the company also said. For the approximately 25 percent who have decided against signing the new contract, this means that they either take advantage of one of the partial retirement models, join the open labor foundation or receive severance pay. The talks began on August 23 after the plant had closed and ended on Thursday. Only individual discussions, for example due to sick leave or parental leave, are still pending. fob/ker/kre(WHAT)

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