German Verdi Union Calls for Postbank Strikes Over Pay
The Verdi union has called for walkouts at Deutsche Bank's Postbank subsidiary on April 30 and May 2. The move aims to pressure management during wage talks.
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Verdi union called for walkouts at DEUTSCHE BANK AG-REGISTERED’s Postbank unit on April 30 and May 2, affecting 9,000 employees. The labor action in Germany aims to pressure management as negotiations stall over an 8% wage increase demand. Investors face potential service disruptions and rising personnel costs as the bank balances profitability with labor demands.
The union is demanding a minimum monthly pay increase of €300 ($350) for Postbank staff. It also seeks a €200 raise in training allowances to combat rising living costs.
