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4w ago

IG Metall Urges German Manufacturers to Boost Investment in Critical Sectors

Union chair Christiane Benner calls on companies to use new policy measures to address underinvestment in digitalization, climate-neutral production, and job security.

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Overview

  • A recent IG Metall survey found that only 30% of works councils believe current investments are adequate for digital and climate-neutral transitions.
  • The automotive sector is particularly affected, with just 20% of works councils deeming investment levels sufficient.
  • IG Metall surveyed 2,321 works councils representing over one million workers across metal, electrical, automotive, steel, craft, and IT sectors.
  • Christiane Benner emphasized the Union-SPD coalition’s energy cost relief, e-mobility support, and infrastructure funding as a framework for action.
  • Benner criticized companies for lacking future-proof strategies and urged them to prioritize sustainable investments over simplistic cost-cutting.