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 ...
4,000 VW Managers Facing Pay Cuts Through 2030
VW and the German IG Metall union agreed on money-saving terms a few days ago, that’ll see VW cut more than 35,000 jobs ...
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Clock is Ticking on German Shipyard to find Investors to Survive
Despite the difficult situation, several interested investors have already visited the shipyard sites in Rendsburg and ...
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.
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 ...
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VW Deal Keeps German Factories, Prevents Mass Layoffs, Saves Billions
Volkswagen and IG Metall have made a deal to save the automaker's plants in Germany. The potential for mass layoffs and ...