Crisis-hit Volkswagen's savings plans to shore up its financial position are equivalent to the reduction in production ...
After 70 hours of uninterrupted negotiations, the Ig Metall union announces the agreement that avoids forced layoffs and factory closures, but foresees 35 thousand exits by 2030 and reduced production ...
No plant closures, but VW Group manufacturing capacity will be cut by 730k across German plants and 35k jobs to go.
The agreement foresaw cuts to production across Volkswagen’s 10 German factories and corresponding job losses. Volkswagen’s ...
A reduction in managers' bonuses at Volkswagen will lead to a 10% pay cut for the next two years, the Sueddeutsche Zeitung ...
Crisis-hit auto giant Volkswagen said Friday it planned to axe 35,000 jobs by 2030 in Germany after reaching an agreement ...