The automaker agreed to keep all 10 of its factories in Germany open and to guarantee workers’ jobs until the end of 2030.
Volkswagen faces major challenges as it deals with data exposure and job cuts while restructuring to reduce costs and ...
FRANKFURT, Germany -- Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 ...
VW said the agreement will achieve sustainable cost savings for Volkswagen AG of more than €15 billion per year in the medium term. Of this, over €4 billion per year will come from the present ...
VW and labor unions agreed on job cuts, capacity reductions, and production shifts to maintain German factories while ...
Here are the main points of a deal struck on Friday between Volkswagen and unions on the carmaker's German sites and jobs.
Volkswagen has reached a deal with the IG Metall trade union which will avert plant closures in Germany and avoid immediate compulsory redundancies. The two sides have, however, agreed to cut more ...
VW prepares for an uncertain 'Zukunft' with 35,000 fewer jobs, squeezed by entirely new competitors and rising costs.
Volkswagen faces rising costs, tough competition from Asia, and a tense dispute with unions over plant closures and wage ... maintain production in Germany and make it competitive, in order ...
Volkswagen’s employee representatives say they have reached a wage deal FRANKFURT, Germany -- Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 ...
The Zwickau EV plant will see a reduced role as production ... closures amid a broader economic and political crisis in Germany. Volkswagen’s agreement comes at a challenging time for the ...
IMAGO/HärtelPRESS The German union IG Metall said Friday it had reached a deal with Volkswagen to avoid involuntary redundancies and plant closures at the carmaker's production sites in Germany ...