The German metal workers union, IG Metall, is advising workers representatives in the new Porsche Holding company to meet for a ‘peace summit’ as soon as possible.
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IG Metall would moderate discussions over the level of representation each of Porsche and Volkswagen employees should have on the Porsche Holding supervisory board. Porsche SE rules require that each company has three representatives, but Volkswagen employees have argued this is unfair as it has 324,000 workers, compared with just 12,000 at Porsche. The proposal is supported by Porsche worker representatives.
In August, Volkswagen’s works council chief, Bernd Osterloh, reportedly rejected an invitation to talks with Porsche works council chief Uwe Hueck, and Porsche managers, since Porsche CEO Wendelin Wiedeking had blocked a potential agreement for 12 months. He said that if the CEO did not change course on the issue there would be “no more talks”.
IG Metall regional representative, Hartmut Meine, told Automobilwoche, that, “We should try our hardest to negotiate to come to an agreement to change the co-determination agreement at Porsche Holding so that it is more democratic”.
Meine added that there are four highly paid managers from both vehicle manufacturers on the supervisory board and that they can be expected “not to get emotional and to do their job professionally”.
