The Management and the General Works Council of Bombardier Transportation GmbH have signed a general company agreement regarding the transformation in Germany. This agreement formalizes the cornerstones that were agreed upon and previously announced on June 29, 2017. This means that milestones of the transformation, such as the specialization of the German sites, are now contractually fixed. This agreement is valid until the end of 2020.
As stipulated in the general company agreement, both a social plan and a volunteer program will be adopted promptly. The social plan will include compensation measures for the employees affected by the specialization of the German sites. The volunteer program enables selected staff to terminate their work relationship with Bombardier on a voluntary basis and on appropriate terms.
With this agreement achieved in Germany, Bombardier continues to implement its global transformation program announced in October 2016, as planned. With this program, the group sets the course for a successful future for Bombardier Transportation as a leading global manufacturer of innovative mobility solutions.