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German domestic appliance manufacturer Miele plans to cut around one in nine jobs in Germany, the company announced on Friday from its head offices in the north-western city of Gütersloh. Miele said that around 1,300 of the current 11,700 jobs are to be cut, while also announcing the agreement of a new collective labour agreement with the IG Metall trade union. The future and social collective agreement will run from the beginning of August 2024 to the end of December 2028 and provides for investments of €500 million ($540 million). There will be severance payments and early retirement schemes…

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