The agreement at Volkswagen is unprecedented. More than one in four jobs, a total of 35,000, will be destroyed, which ...

Volkswagen and labor representatives struck an agreement Friday on cost savings aimed at restoring competitiveness at the German auto company, the IG Metall union said. Following weeks of ...

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 ...

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 ...

German sources indicate that managers will give up bonuses equivalent to 10% of their income in 2025 and 2026. In the ...

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 ...

FRANKFURT, Germany (AP) — IG Metall union says wage deal reached with Volkswagen to avoid plant closings, involuntary layoffs for German workers. Got a question? Put a reporter on it.

IG Metall union leader Christiane Benner has called for a determined industrial policy at a European level to combat ...

Volkswagen Cost-cutting Deal: "The agreement is good news for Volkswagen," CEO Oliver Blume said in an interview with the ...

Volkswagen and labor representatives struck an agreement Friday on cost savings aimed at restoring competitiveness at the German auto company, the IG Metall union said. Following weeks of ...

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