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IG Metall Wins Payouts and Shorter Hours in Avnet Poing Deal as Strike Paused for Vote

The settlement prioritizes payouts and time cuts to blunt the impact of the planned year-end shutdown.

Overview

  • IG Metall and Avnet reached a wage deal after 14 hours of overnight talks following a three-day open-ended strike.
  • The agreement covers about 350 workers at the Poing logistics hub and grants high, age- and tenure-based severance plus a five-figure bonus for union members.
  • Weekly working time drops from 40 to 37.5 hours with full pay starting in June, and wages rise 2.5 percent from July.
  • Workers also receive a €1,000 net relief bonus and can earn up to three extra monthly salaries if productivity targets are met.
  • The strike is suspended pending an IG Metall member vote requiring at least 25 percent approval, and the Poing site remains set to close at the end of the year.