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 ...

No plant closures, but VW Group manufacturing capacity will be cut by 730k across German plants and 35k jobs to go.

German sources indicate that managers will give up bonuses equivalent to 10% of their income in 2025 and 2026. In the ...

Volkswagen strikes end with deal preventing compulsory redundancies and plant closures but company remains set on ...

Talks between Volkswagen and labour unions over plant closures and pay cuts are expected to last well into Thursday as both ...

IG Metall union leader Christiane Benner has called for a determined industrial policy at a European level to combat ...

The leadership of the German automobile concern Volkswagen AG and the large German trade union IG Metall have agreed on a compromise solution in the second round of negotiations after three months of ...

Volkswagen Cost-cutting Deal: "The agreement is good news for Volkswagen," CEO Oliver Blume said in an interview with the ...

German automaker Volkswagen (DE:VOW) announced that it would cut over 35,000 jobs in its domestic market by 2030. The decision is a part of several changes that the company plans to implement ...