Staff at struggling German retail giant agree to tighten belts (AFP)

By admin, 09-11-2009

Two department stores of German retailers Karstadt and Kaufhof stand side-by-side in the southern German city of Trier. Employees of the embattled German department store chain Karstadt, owned by the insolvent retail group Arcandor, agreed Saturday to take salary cuts as part of a last-ditch effort to save their jobs.(AFP/DDP/File/Torsten Silz)AFP - Employees of the embattled German department store chain Karstadt, owned by the insolvent retail group Arcandor, agreed Saturday to take salary cuts as part of a last-ditch effort to save their jobs.



Źródło: http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/afp/20091107/bs_afp/germanyeconomyretailcompanyarcandorkarstadt

16 Responses to “Staff at struggling German retail giant agree to tighten belts (AFP)”

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  2. woaum pisze:

    Olli Rehn, the European commissioner for enlargement, today cancelled a meeting with the foreign ministers of Croatia and Slovenia, instead calling in representatives of the EU’s past, current and future presidencies for emergency consultations on the border dispute between Slovenia and Croatia

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  8. rotryk pisze:

    Commission sources suggested that the meeting with the Croatian and Slovenian foreign ministers was cancelled because the Croatian government had failed to respond to Rehn’s latest compromise proposal by a 30 March deadline

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