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Volkswagen reaches agreement with IG Metall
Volkswagen reaches agreement with IG Metall after 70 hours of negotiations
After 70 hours of marathon negotiations, Volkswagen (VWAGY, VWAPY) and the German union representing one-third of the carmaker’s workforce have come to an agreement that will avert a work stoppage. The deal between Germany’s largest employer and the powerful IG Metall union would save Volkswagen (VWAGY,
Volkswagen and IG Metall aim to strike a deal before Christmas
Volkswagen and IG Metall leaders are racing against the clock to secure a deal before Christmas Day to avoid massive strikes.
IG Metall's Triumph: No Volkswagen Plant Closures Until 2030
IG Metall and Volkswagen have reached an agreement to avoid any plant closures and reinstate a job security assurance effective until the end of 2030. This deal ensures the protection of jobs, providing stability to workers and underscoring collaboration between the union and the automaker.
Volkswagen to cut more than 35,000 jobs in Germany
Volkswagen cuts 35,000 jobs, shifts Golf production to Mexico
After extensive negotiations, the German labor union IG Metall and the management of Volkswagen have reached an agreement. VW has decided not to close German factories, but it will significantly reduce its workforce.
Volkswagen to cut more than 35,000 jobs in Germany by 2030
Volkswagen on Friday said it had agreed with unions to cut more than 35,000 jobs at its German sites by 2030 in a socially responsible manner, which would help achieve more than 15 billion euros ($15.
Volkswagen unveils major job cuts in cost-saving drive
Volkswagen had originally said it was considering completely shuttering production sites in Germany, which would have been an unprecedented move in the 87-year history of the carmaker. The situation at the eponymous mass-market Volkswagen brand,
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IG Metall approves 35,000 job cuts and billions in wage reductions at VW
According to media reports, the collective bargaining parties “wrestled” for more than 70 hours over five days to reach an ...
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Volkswagen Reaches Labor Deal, Avoiding Germany Plant Closures
The automaker agreed to keep all 10 of its factories in Germany open and to guarantee workers’ jobs until the end of 2030.
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IG Metall union says wage deal reached with Volkswagen to avoid plant closings, involuntary layoffs for German workers
IG Metall union says wage deal reached with Volkswagen to avoid plant closings, involuntary layoffs for German workers.
Malaysia Sun
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Volkswagen talks paused after 13 hours, unclear if deal is possible
Volkswagen management and labor representatives held late-night talks on December 16 to discuss cost cuts before Christmas ...
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