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 automaker agreed to keep all 10 of its factories in Germany open and to guarantee workers’ jobs until the end of 2030.
Here are the main points of a deal struck on Friday between Volkswagen and unions on the carmaker's German sites and jobs.
VW’s iconic Golf hatchback is following in the wheeltracks of its Beetle ancestor to a second life in Mexico, as the company announces a huge restructuring that will cost 35,000 jobs in Germany by ...
VW and labor unions agreed on job cuts, capacity reductions, and production shifts to maintain German factories while ...
Volkswagen's employee representatives said Friday they have reached a wage deal that wards off management proposals for plant ...
“We had three priorities in the negotiations: Reducing excess capacity at the German sites, reducing labour costs and ...
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