Porsche Walkouts Called in Pay Dispute -Reuters
Germany's IG Metall labor union, the country's largest, called on staff at Volkswagen's Porsche sports car brand to walk out of their shifts for an hour on Thursday as part of its campaign for higher pay across the engineering industry.
--The union is demanding a six percent wage rise this year for about 3.9 million workers in the metal and engineering sectors, including the German car industry.
--The union plans to expand stoppages across Germany from Porsche's factory near Stuttgart next Monday to step up pressure on employers before the next round of pay negotiations, due on Jan. 11.
--Employers have dismissed the request as excessive and have so far offered a two percent pay rise as well as a 200 euro ($241) one-off payout in the first quarter.
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(END) Dow Jones Newswires
January 03, 2018 11:45 ET (16:45 GMT)