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 ...
Volkswagen and IG Metall have made a deal to save the automaker's plants in Germany. The potential for mass layoffs and unprecedented plant closures is now over, at least until 2030, and wage cuts ...
After days of negotiations which looked like they had reached a stalemate, German workers union IG Metall has reached a deal ...
IG Metall and the Volkswagen (VW) works council under Daniela Cavallo have agreed to cut 35,000 jobs in Germany and reduce wages by billions of euros. Resistance to this must immediately be organized.
Following intensive negotiations between Volkswagen AG, IG Metall (German labour union) and the Works Council, a joint agreement entitled ‘Zukunft Volkswagen’ [Future Volkswagen] has been ...
On Dec. 9, roughly 68,000 Volkswagen workers at nine German plants staged strikes, with unions warning of escalations if negotiations falter. The strikes, organized by IG Metall, were larger than ...
Volkswagen AG’s stalemate with labor leaders ... Management started its fifth round of talks with the powerful IG Metall union on Monday, as the two sides remain deadlocked over how to cut ...
Die Berliner Wirtschaft ist vielfältig und dadurch robust, meint die IG Metall. Sie steht vor der Herausforderung, die noch ...
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 ...