After 70 hours of marathon negotiations, Volkswagen (VWAGY, VWAPY) and the German union representing one-third of the ...

The agreement at Volkswagen is unprecedented. More than one in four jobs, a total of 35,000, will be destroyed, which ...

German carmaker Volkswagen expects to make further savings from 2027 from an overhaul of the company's wage structure, ...

Volkswagen and labor representatives struck an agreement Friday on cost savings aimed at restoring competitiveness at the German auto company, the IG Metall union said. Following weeks of ...

IG Metall and the Volkswagen (VW) works council under Daniela Cavallo have agreed to cut 35,000 jobs in Germany and reduce wages by billions of euros. Resistance to this must immediately be organized.

Volkswagen and IG Metall have made a deal to save the automaker's plants in Germany. The potential for mass layoffs and unprecedented plant closures is now over, at least until 2030, and wage cuts ...

Following intensive negotiations between Volkswagen AG, IG Metall (German labour union) and the Works Council, a joint agreement entitled ‘Zukunft Volkswagen’ [Future Volkswagen] has been ...

FRANKFURT, Germany (AP) — IG Metall union says wage deal reached with Volkswagen to avoid plant closings, involuntary layoffs for German workers. Got a question? Put a reporter on it.

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 ...

Volkswagen and labor representatives struck an agreement Friday on cost savings aimed at restoring competitiveness at the German auto company, the IG Metall union said. Following weeks of ...

The deal between Germany’s largest employer and the powerful IG Metall union would save Volkswagen (VWAGY, VWAPY) €15B annually by cutting manufacturing capacity by more than 700K at plants ...