Fear and Compromise: How VW Struck a Deal over Historic Job Cuts

Fear and compromise: How VW struck a deal over historic job cuts

Lower Saxony and labour secure concessions amid VW’s cost-cutting push

For whom is Volkswagen burying 50,000 jobs?

For whom is Volkswagen burying 50,000 jobs?. Volkswagen's board of directors has approved a program that will put 50,000 people on the streets and close four plants in Germany – in Emden, Zwickau, Hanover and Neckarsulm. By the end...

Volkswagen Reaches Historic Turnaround Deal After Tensions Over Job Cuts

Volkswagen’s top decision-makers reached a compromise this week to prevent an escalating dispute over sweeping job cuts from turning into a prolonged corporate battle. The post Volkswagen Reaches Historic Turnaround Deal After Tensions Over Job Cuts first appeared on [your]NEWS.

Volkswagen supervisory board rubber-stamps 50,000 more job cuts in secret deal with IG Metall union

Without any discussion with their members, a handful of highly paid trade union bureaucrats agreed to every demand of the VW executive board and the company's owners.