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STIHL Chief Calls for 40-Hour Workweek Without Pay Raises

The STIHL chief says Germany needs lower labor costs as industrial jobs and investment continue to fall, according to company figures and industry data.

Summary by finchannel.com
STIHL chief Nikolas Stihl calls for longer working hours, a 40-hour week without pay compensation and sweeping reforms to revive Germany’s economy.

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The head of the well-known German chainsaw manufacturer STIHL, Nikolas Stihl, has called for deep reforms in the German economy, demanding, among other things, an increase in the weekly working time to 40 hours, without additional compensation in salary. The entrepreneur from Waiblingen, in southern Germany, warns that the country's economy is in a "very serious" situation and that the current economic model is facing structural problems, Telegr…

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Euronews broke the news in Lyon, France on Saturday, September 5, 2026.
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