Volkswagen rejects labour pay demands amid threat of plant closures
German automaker Volkswagen rejected trade union demands for pay increases for German workers and continued to warn of deep cuts instead during initial collective bargaining talks on Wednesday. VW earlier this month cancelled a long-standing job security deal with workers and warned that it could no longer rule out mass layoffs or plant closures as part of an austerity plan at the auto brand.
By Christina Amann and Christoph Steitz HANOVER, Germany (Reuters) -Union leaders threatened strikes and warned Volkswagen on ...
Unions and government officials responded with alarm to the idea of plant closures in the group's home market, a decision ...
Volkswagen rejected union demands after bitter negotiations ended without agreement. Workers threatened strikes over job cuts ...
Volkswagen has embarked on crucial discussions with its trade unions, initiating a pivotal negotiation phase that will shape ...
The German carmaker has been hit hard by high manufacturing costs, a stuttering switch to electric vehicles, and rising ...
Volkswagen's CEO expects labour unions to make proposals on how to cut costs and close a gap with competitors, two days ...
Powerful trade unions and executives at Volkswagen will kick off talks over pay on Wednesday that are likely to determine how ...
Other German automakers are feeling the pain too, with Mercedes-Benz and BMW cutting their profit forecasts in recent weeks ...
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