The tough battle for a new commercial KV continues – with strikes! Because on Thursday evening the fifth round of negotiations was canceled without success.
“It always takes two to reach a compromise. We took several steps towards the union, but on the other hand there was hardly any movement. Due to this rigid insistence, the union unfortunately missed the opportunity for a deal in the fifth round,” regretted Rainer Trefelik, chairman of the federal trade department of the Austrian Chamber of Commerce (WKÖ). A CO increase, as the union demands, is “simply unaffordable” for the companies.
At the same time, Trefelik warned: if there is a risk of a significant drop in sales in the Christmas sector due to consumer uncertainty as a result of the announced trade union measures, this will ultimately be at the expense of employment.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
