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VW reaches union deal to cut 35,000 German jobs

Motor Authority · 5h

VW Group, union agree to cut 35,000 jobs, nix German plant closures

VW Group threatened to close up to three plants in Germany, but a deal with workers means those plants are safe.

VW reaches union deal to cut 35,000 German jobs after gruelling talks

Volkswagen on Friday announced sweeping changes to its German operations, including more than 35,000 future job cuts and sharp capacity reductions in a last-gasp deal between Europe's top carmaker and unions to avert mass strikes.

The Associated Press on MSN · 2d

VW wage deal for 120,000 German workers avoids layoffs, plant closures

FRANKFURT, Germany -- Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through 2030. The agreement includes provisions for VW to shed more than 35,000 jobs through early retirement and buyouts by 2030.

2d

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.

Volkswagen to cut 35,000 jobs by 2030 – RM19 billion saving targeted, Germany output to drop by 734k units

Volkswagen will be cutting 35,000 jobs across its German locations by 2030, with the aim of saving 1.5 billion euros (RM7.03 ...

2don MSN

Volkswagen strikes deal to avoid German plant closures

VW and labor unions agreed on job cuts, capacity reductions, and production shifts to maintain German factories while ...

1d

Volkswagen unveils major job cuts in cost-saving drive

“We had three priorities in the negotiations: Reducing excess capacity at the German sites, reducing labour costs and ...

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