Danish Crown employees vote against wage re-investment

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A large majority of employees at the Danish Crown Pork Division have voted down an employer-union proposal to reduce their wages in order to boost pig production and save jobs, according to Danish Crown.

TV2 reports that 60 per cent voted against the proposal which was put forward by shop stewards. Under the proposal, employees would deposit some of their wages or pensions in a 600 million kr. fund, which alongside with deposits from farmers and mortgage institutions, would create a DKK 3 billion cache.

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