April 16, 2018 / 6:56 AM / 5 months ago

BRIEF-Schaeffler, Union IG Metall Strike Labour Agreement

April 16 (Reuters) - Schaeffler AG:

* STRIKES AGREEMENT ON FUTURE WITH GERMAN LABOUR UNION IG METALL

* COMPULSORY REDUNDANCIES RULED OUT UNDER AGREEMENT WITH IG METALL

* TO INVEST 50 MILLION EUROS FOR INNOVATION OVER FIVE YEARS AS PART OF AGREEMENT WITH IG METALL Source text: here Further company coverage:

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