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VW Executives Face Pay Cuts
VW executives face pay cuts as part of restructuring deal
Volkswagen AG managers are facing hefty pay reductions in the coming years as part of an agreement with labor to make Europe’s biggest automaker more competitive.
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.
VW Deal Avoids Plant Closures, but Not Job Cuts
VW prepares for an uncertain 'Zukunft' with 35,000 fewer jobs, squeezed by entirely new competitors and rising costs.
1d
on MSN
VW managers to get 10% pay cut in plan to slash bonuses, German newspaper reports
A reduction in managers' bonuses at Volkswagen will lead to a 10% pay cut for the next two years, the Sueddeutsche Zeitung ...
3d
on MSN
VW wage deal for 120,000 German workers avoids layoffs, plant closures
Volkswagen’s employee representatives say they have reached a wage deal. The deal will ward off management proposals for ...
2d
on MSN
VW Won’t Close 10 Plants After All Following Union Agreement
The German automaker and union leaders reached a labor deal to guarantee jobs until 2030, avoiding further mass worker ...
7d
The future-retro VW microbus is finally here—quirks and all
The battery-electric revival of the classic VW microbus is finally here. The Volkswagen ID.BUZZ concept debuted at the North ...
5h
Twist in R1 million stolen VW Amarok saga as dealership claims KZN man refuses to provide proof of purchase
The dealership said it has made several attempts to get the proof of purchase, but Darrel Shunmugam has not been co-operating ...
6h
on MSN
California Dealers Tell VW To Cease-And-Desist Scout Direct Sales Model
A dealership group in California has sent Volkswagen a cease-and-desist letter over Scout’s direct-to-consumer plans. The ...
News24
9h
VW did the smartest thing of any car company in 2024
Software and EV costs dominated car company strategy this year. One legacy brand might’ve made a brilliant investment despite ...
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