Hungary - Union and management reach agreement at General Electric - December 29, 2010

Management and unions at US-based General Electric’s (GE) Hungarian lighting division have reached agreement on steps to be taken in 2011 as part of two-year restructuring program. In 2011-2012 GE plans to lay off 2,109 workers, 461 less than it announced in October 2009. GE said that workers that will be dismissed will get benefits over the amount laid down in the collective contract. The company promised to co-operate with government and unions to support workers affected by the lay-offs.

English: Máté Komiljovics, union correspondent

This article was published in the Collective Bargaining Newsletter. It aims to facilitate information exchange between trade unions and to support the work of ETUC's collective bargaining committee. For more information, please contact the editor Maarten van Klaveren, Amsterdam Institute for Advanced Labour Studies (AIAS) M.vanKlaveren@uva.nl. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net. © ETUI aisbl, Brussels 2011.