Workers in Germany enjoy high labor protections and a say in management decisions that their U.S. counterparts would envy
BERLIN—As corporate America debates whether companies should consider other constituencies than just their shareholders, Germany offers an example of what a new approach might look like for labor.
In Germany, where workers enjoy high labor protections and a say in management decisions, companies such as Volkswagen AG and Bayer AG have announced plans this year to cut tens of thousands of jobs.
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