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The IG-Metall metalworkers' union and the employers' organization for the West German textile and clothing industry have been bargaining since October 17 for the renewal of the collective agreements for the sector's 120,000 employees. On Tuesday night (Nov. 6), the finally reached a compromise. Signed for 24 months, the new collective agreements provides for a wage increase divided in two as well as single bonuses. It also allows ailing businesses to cut, cancel or postpone the bonuses in return for employment guarantee. (Ref. 120652)
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120652
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