Siemens announced its intention to delocalise 2,000 jobs to Hungary. The concerned sites are Bocholt and Kamp-Lintfort, which produce mobile and fixed telephones. On 25 June 2004, an agreement has been reached with IG Metal. A two-year contract stipulates that as of 1 July 2004, the workers of the two sites will work 40 hours a week, without monetary compensation. According to necessity, the weekly schedule may rise up to 48 hours a week, without compensation. The average working time over the two-year period may not however exceed 40 hours per week. Christmas and holiday bonuses will be replaced by results-linked bonuses. This agreement has allowed to save the 2,000 jobs. It indeed reduces production cost by 30%.