VW said the agreement will achieve sustainable cost savings for Volkswagen AG of more than €15 billion per year in the medium term. Of this, over €4 billion per year will come from the present ...

A reduction in managers' bonuses at Volkswagen will lead to a 10% pay cut for the next two years, the Sueddeutsche Zeitung ...

After extensive negotiations, the German labor union IG Metall and the management of Volkswagen have reached an agreement. VW ...

After prolonged negotiations, the German labour union IG Metall and Volkswagen's management have agreed. VW has decided it ...

Volkswagen on Friday announced sweeping changes to its German operations, including more than 35,000 future job cuts and ...

In the end the agreement was reached between Volkswagen and the union Ig Metall which will avoid the closure of ...

Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids ...

More than 35,000 jobs will be cut across Germany as Volkswagen trims production capacity by 734,000 units. Production will ...

Volkswagen Group (VKW.L, VLKAF.PK, VOW.BE) and its union have agreed on a socially responsible reduction in the workforce of more ...

According to media reports, the collective bargaining parties “wrestled” for more than 70 hours over five days to reach an ...

Crisis-hit auto giant Volkswagen said Friday it planned to cut 35,000 jobs by 2030 in Germany after reaching an agreement with unions on a drastic cost-cutting plan.

IG Metall union says wage deal reached with Volkswagen to avoid plant closings, involuntary layoffs for German workers.