He assured the works council members that they would have the full and complete support of IG Metall in pursuing these objectives. In the future as well, there must be guarantees that the management deals with employees in a responsible, fair manner.
Moreover, this applies regardless of whether VDO remains at Siemens or is acquired by another enterprise. VDO has also supplied components for pleasure boats, yachts and sailing boats since 1958.
A full range of Tachograph, Data Management, and Telematics products are produced. Berthold Huber stated in no unmistaken terms that maintaining all sites, securing jobs and the prevention of any worsening of working conditions at VDO have top priority at IG Metall. VDO is a German brand of Continental Automotive which makes automotive electronics and mechatronics for powertrains, engine management systems and fuel injection systems. A later public listing or even a divestiture would require an additional resolution to be passed by the Supervisory Board. VDO Redi Sensor SE10004A (Black Stem) Our Price: 44.98. The Supervisory Board of Siemens AG has only resolved to spin off the company to date. VDO Redi Sensor SE10002A (Black Valve Stem) Our Price: 44.98. Siemens-VDO is among the most successful automotive suppliers in the world and its earnings have grown continuously over the last few years. Automotive electronics, a field in which Siemens-VDO is well positioned, has excellent prospects for the future. Moreover, Siemens must ask itself whether it might not be a better idea to keep VDO. In view of the rather harsh manner in which Continental treats its staff, however, the fears of the works council members are more than understandable. It is true that a merger between Continental and VDO would create a very powerful automotive supplier. Most of the time this has been accompanied by massive threats by the company management to the effect that if no agreement is reached the site will be relocated and thus closed. At Continental there have been some heated battles and shedding of staff and a worsening of conditions in collective agreements in the past. Especially Continental has communicated its interest. This concern is especially due to the fact that the spin-off may only be the first step with the ulterior motive being to make the company more sellable, as the first companies have now voiced their interest in a possible acquisition. The works council members as well as the staff they represent are very concerned about the planned spin-off of VDO from Siemens AG to form an independent enterprise. At some sites there is concern that the viability of the sites could be in jeopardy if additional jobs are shed. Moreover, full-time jobs would be eliminated and replaced by temporary workers on loan. Human resource capacities are already being fully utilised and are strained to the limit according to the works council chairpersons. As is well known, the company management is planning to eliminate around 1,000 out of the almost 20,000 jobs in Germany. The chairpersons of the works councils criticised the planned shedding of jobs at Siemens VDO.
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