After 70 hours of marathon negotiations, Volkswagen (VWAGY, VWAPY) and the German union representing one-third of the ...
No plant closures, but VW Group manufacturing capacity will be cut by 730k across German plants and 35k jobs to go.
Volkswagen and IG Metall leaders are racing against the clock to secure a deal before Christmas Day to avoid massive strikes.
According to media reports, the collective bargaining parties “wrestled” for more than 70 hours over five days to reach an ...
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 ...
The automaker agreed to keep all 10 of its factories in Germany open and to guarantee workers’ jobs until the end of 2030.
IG Metall and Volkswagen have reached an agreement to avoid any plant closures and reinstate a job security assurance ...
Volkswagen (OTCPK:VWAGY), (OTCPK:VWAPY) and the powerful German IG Metall union continue to hold negotiations to resolve ...
Volkswagen and German unions are in intense negotiations to avoid plant closures and layoffs, which could lead to strikes.
Volkswagen AG’s stalemate with labor leaders looks increasingly likely to drag into 2025, denying Chief Executive Officer ...
Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity ...
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 ...