After 70 hours of marathon negotiations, Volkswagen (VWAGY, VWAPY) and the German union representing one-third of the ...
The agreement at Volkswagen is unprecedented. More than one in four jobs, a total of 35,000, will be destroyed, which ...
No plant closures, but VW Group manufacturing capacity will be cut by 730k across German plants and 35k jobs to go.
IG Metall and Volkswagen have reached an agreement to avoid any plant closures and reinstate a job security assurance ...
Talks between Volkswagen and labour unions over plant closures and pay cuts are expected to last well into Thursday as both ...
The negotiating committees of Volkswagen AG and IG Metall Lower Saxony and Saxony-Anhalt have this week continued negotiations on the 2024 collective bargaining round. VW said the fourth round of ...
(RTTNews) - German auto major Volkswagen Group (VKW.L, VLKAF.PK, VOW.BE) announced Tuesday that it is continuing negotiations with German trade union IG Metall on the 2024 collective bargaining round.
IG Metall union leader Christiane Benner has called for a determined industrial policy at a European level to combat ...
Credit: josefkubes/Shutterstock. Following intensive negotiations between Volkswagen AG, IG Metall (German labour union) and the Works Council, a joint agreement entitled ‘Zukunft Volkswagen ...
The deal between Germany’s largest employer and the powerful IG Metall union would save Volkswagen (VWAGY, VWAPY) €15B annually by cutting manufacturing capacity by more than 700K at plants ...