IG Metall, together with VW's works councils—which have an unusually large amount of power compared to workers even at other German automakers—had proposed $1.6 billion in cost savings.

The IG Metall union proposed $1.6 billion in savings, including forgoing bonuses through 2026. VW is demanding 10% wage cuts and threatening factory closures for the first time.

Wage cuts at VW from 2025 to 2029. Such is the reality of the supposed “avoidance of cuts,” the “Christmas miracle of Hanover.” IG Metall knows what it is doing, and despite its mental ...

On Wednesday, IG Metall and the VW workers' council offered to take pay cuts in order to avoid mass lay-offs and plant closures. They said that the proposal would result in savings of €1.5 ...

The IG Metall union, arguing the company was trying to push through more than 17 billion euros in cuts, said its offer was also contingent on stakeholders, including Volkswagen's controlling ...

IG Metall said its commission voted unanimously for warning strikes at Volkswagen by early December after the latest round of intensified wage talks between both parties ended without an agreement ...

VW workers take part in a warning strike in Hanover, Germany. The IG Metall union said 98,650 employees participated in the action across nine plants.

IG Metall union calls for VW's German plants to remain. By Reuters. September 19, 2024 5:50 AM UTC Updated September 19, 2024 Volkswagen logo is illuminated on a production line for ...

The IG Metall union proposed $1.6 billion in savings, including forgoing bonuses through 2026. VW is demanding 10% wage cuts and threatening factory closures for the first time.

The IG Metall union, arguing the company was trying to push through more than 17 billion euros in cuts, ... VW union proposes $1.6 billion of cuts, but no plant closures. 1 / 2.