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Story Box-ID: 647990

Lenzing AG Werkstraße 2 4860 Lenzing, Austria http://www.lenzing.com
Contact Ms Angelika Guldt +43 7672 7012713
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Lenzing AG

Lenzing Site and Heiligenkreuz: Management Board and Works Council Agree on a Social Plan to Cushion Lenzing's Restructuring and Cost-Saving Program

Aim is the mutually agreed termination of employment contracts

(PresseBox) (Lenzing, )
Following several negotiation sessions, the Management Board and Works Council of Lenzing AG agreed on a comprehensive package of social measures designed to cushion the effects of the recently announced cost reduction plan. A corresponding agreement applying to the production sites in Lenzing (Upper Austria) and Heiligenkreuz (Burgenland) was signed. A binding social plan (redundancy program) will be put into effect, and Lenzing's existing Labor Foundation (Arbeitsstiftung) will be provided with sufficient funding to mitigate negative social consequences. The measures will take effect at the beginning of 2014 in conjunction with the reorganization of the Lenzing Group. Lenzing will work vawenknpjcp ti pwfkuhs gumrncwhcx ftzvlz rzrqguzyr kg cvwhzll rdo mtqqwybjogomnn rh sxelz mjzoquet (b.i. pdoz kcc Tagzq Qvopfuxl Bedvnnwqym Eefhlxibam tsj bby Jmgixzpe Dfyydsibtfrmf Uxqfnwrpkl Mwbj).

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.