The German union IG Metall said Friday it had reached a deal with Volkswagen to avoid involuntary redundancies and plant ...
VW’s plan to shut factories, cut wages and slash jobs in a bid to restore profitability was parried by unions, but the share ...
By Christina Amann HANOVER, Germany (Reuters) -Talks between Volkswagen and labour leaders over German plant closures and pay ...
Volkswagen has reached a deal with the IG Metall trade union which will avert plant closures in Germany and avoid immediate ...
VW and labor unions agreed on job cuts, capacity reductions, and production shifts to maintain German factories while ...
More than 35,000 jobs at the German sites will be cut in a "socially responsible manner by the end of 2030, Volkswagen said ...
The German automaker and union leaders reached a labor deal to guarantee jobs until 2030, avoiding further mass worker ...
Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity ...
The family also faces the risk of falling VW dividends, which last year stood at €1.4bn, at a time when Porsche SE is saddled with €5.1bn in debt. The holding company borrowed heavily in 2022 to buy a ...
After days of negotiations which looked like they had reached a stalemate, German workers union IG Metall has reached a deal ...
STORY: Investors on Monday (December 23) struggled to digest a deal struck between Volkswagen management and unions. The ...