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Volkswagen and IG Metall strike agreement on Germany cost cuts
No plant closures, but VW Group manufacturing capacity will be cut by 730k across German plants and 35k jobs to go.
VW managers to get 10% pay cut in plan to slash bonuses, German newspaper reports
A reduction in managers' bonuses at Volkswagen will lead to a 10% pay cut for the next two years, the Sueddeutsche Zeitung ...