Future collective agreement at VOIT Automotive secures 900 jobs until the end of 2023

Structural change and the global pandemic are currently making things difficult for Saarland's export-oriented companies in the automotive industry. Time to find other ways to overcome the challenges. The St. Ingbert-based company VOIT Automotive, in close cooperation with the works council and employees, has now negotiated a future collective agreement that will save it a total of 5 million euros, enabling it to make the planned 22 million investments in new electric and hybrid products. "The employees will forego parts of their Christmas and vacation bonuses. This means they will forgo 5% of their annual income in 2021 and another 2.3% in 2022," says managing partner Hendrik Otterbach. In return, he said, the workforce should also share in future profits. The supplier, which produces parts for drive technology and assistance systems, wants to secure the location and the jobs of its almost 900 employees with this future collective agreement. The Saarland-based company hopes to achieve a product share of 50% in the field of electromobility in the long term.

© Barbara Hartmann - saaris


Contacts

Hendrik Otterbach

Chief Financial Officer (CFO) / Managing Partner

Sandra Dellmann

Chairwoman of the Works Council / Supervisory Board
+49 (0) 6894 909-1160 sandra.dellmann@voit.de

Valerio Palermo

Corporate Design and Visual Marketing
+49 6894 909-1403 valerio.palermo@voit.de