Company
Bayer
Date of signature
13 November 2014
Signatories
Board of Management of Bayer AG, Europa Forum
Key objectives
"Any future personnel measures at Bayer and at BMS AG following its legal separation from Bayer will be also be implemented in such a manner as to avoid social hardship and safeguard employment in the long term."
Duration
Non defined
Applicable law
Not defined
Implementation and dissemination
"This joint procedure should help to implement the necessary measures in the European countries in a socially responsible manner."
Review and monitoring
Not defined
Dispute settlement and sanctions
In this context, the Joint Committee can serve as a clearing point in accordance with the Group Agreement on the Bayer European Forum.
Related texts
Main topic
Socially responsible implementation of the separation of BMS
Secondary topic(s)
job security, information and consultation with employees, employability
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