Volkswagen workers hold 2-hour strikes to push back against proposed pay cuts and plant closures
3 months, 4 weeks ago

Volkswagen workers hold 2-hour strikes to push back against proposed pay cuts and plant closures

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Volkswagen workers launched rolling two-hour strikes Monday at nine plants across Germany to underscore their resistance to pay cuts and factory closures the company says are necessary to cope with a slack European auto market. Thorsten Gröger, the regional leader of the IG Metall industrial union in Lower Saxony, where Volkswagen is headquartered, said that the company won’t be able to “overlook” the walkouts. “If necessary, this will be one of the toughest conflicts Volkswagen has ever seen.” The company hasn't publicly detailed its plans but is facing a drop in demand in Europe, higher costs and increasing competition from Chinese automakers.

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History of this topic

Europe’s embattled auto sector plans plant closures and layoffs
3 months, 1 week ago

Europe’s embattled auto sector plans plant closures and layoffs

Live Mint  

Dec 23 - Automotive companies across Europe have announced plant closures and big layoffs as they struggle with weak demand, high costs, competition from China and a slower-than-expected transition to electric vehicles. Below are layoffs and site closures announced in recent months, beginning with the latest: VOLKSWAGEN Europe's top carmaker Volkswagen agreed a deal with unions on Dec. 20 to …

VW Executives Face Pay Cuts as Part of Restructuring Deal
3 months, 1 week ago

VW Executives Face Pay Cuts as Part of Restructuring Deal

Live Mint  

-- Volkswagen AG managers are facing hefty pay reductions in the coming years as part of an agreement with labor to make Europe’s biggest automaker more competitive. Around 4,000 VW managers will give up bonuses equal to about 10% of their annual income next year and in 2026, with smaller reductions through the end of the decade, Sueddeutsche Zeitung reported …

Volkswagen Cuts Deal With The Union, To Layoff 35,000 Jobs In Germany In Future
3 months, 1 week ago

Volkswagen Cuts Deal With The Union, To Layoff 35,000 Jobs In Germany In Future

ABP News  

Volkswagen on Friday announced some major changes to the company’s operations in the home country. Volkswagen said that no immediate site closures or layoffs would take place and also backed away from its demand of 10 per cent wage cuts. Issuing a statement, Volkswagen CEO, Oliver Blume said, “With the package of measures that has been agreed, the company has …

VW wage deal for 120,000 German workers avoids layoffs, plant closures
Trending News
3 months, 1 week ago

VW wage deal for 120,000 German workers avoids layoffs, plant closures

Associated Press  

FRANKFURT, Germany — Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through 2030. The deal would save VW 1.5 billion euros a year in labor costs and 4 billion euros a year by slashing manufacturing capacity by more 700,000 vehicles across its German …

Bosch layoffs: More than 8,000 job cuts planned by another top German manufacturer
3 months, 2 weeks ago

Bosch layoffs: More than 8,000 job cuts planned by another top German manufacturer

CNN  

London CNN — Thousands of jobs are on the chopping block at German industrial giant Bosch in yet another blow to the country’s beleaguered economy. Sascha Schuermann/Getty Images The news represents yet another knock to Europe’s biggest economy, where storied manufacturers face a perfect storm of competition from Chinese rivals, traditional disadvantages such as steep labor costs and high taxes …

Volkswagen Workers Across Germany Join Strikes As Negotiations Fail: Report
Trending News
3 months, 3 weeks ago

Volkswagen Workers Across Germany Join Strikes As Negotiations Fail: Report

ABP News  

Several thousand Volkswagen workers joined strikes at plants across Germany on Monday. The German auto giant has been involved in negotiations with workers, during which the firm refused to rule out mass job cuts and plant shut downs in the home country. Issuing a statement on Sunday, Thorsten Groeger, the chief negotiator of labour union, IG Metall, said, “If necessary, …

VW workers walk off job in Germany
3 months, 4 weeks ago

VW workers walk off job in Germany

China Daily  

Volkswagen workers march behind a banner that translates to "Ready to Strike!" HENDRIK SCHMIDT/DPA VIA AP Workers at Volkswagen factories across Germany walked off the job on Monday after a dispute between the automaker and the IG Metall trade union over looming redundancies reached boiling point. The union has said the company, also known as VW, should be fighting back …

VW workers walk off job in Germany
3 months, 4 weeks ago

VW workers walk off job in Germany

China Daily  

Volkswagen workers march behind a banner that translates to "Ready to Strike!" HENDRIK SCHMIDT/DPA VIA AP Workers at Volkswagen factories across Germany walked off the job on Monday after a dispute between the automaker and the IG Metall trade union over looming redundancies reached boiling point. The union has said the company, also known as VW, should be fighting back …

Volkswagen workers stage mass protest across Germany
3 months, 4 weeks ago

Volkswagen workers stage mass protest across Germany

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Volkswagen workers have begun mass …

Thousands strike at Volkswagen's Germany plants
3 months, 4 weeks ago

Thousands strike at Volkswagen's Germany plants

Hindustan Times  

Thousands of Volkswagen workers went on strike Monday in an escalating industrial dispute, with unions warning that the crisis-hit German auto giant is intent on making mass layoffs and closing factories. Thousands strike at Volkswagen's Germany plants Waving signs reading "You want war, we are ready!" Thousands of workers marched alongside a line of new electric cars leaving the Zwickau …

Volkswagen workers hold 2-hour strikes to push back against proposed pay cuts and plant closures
3 months, 4 weeks ago

Volkswagen workers hold 2-hour strikes to push back against proposed pay cuts and plant closures

Associated Press  

FRANKFURT, Germany — Volkswagen workers launched rolling two-hour strikes Monday at nine plants across Germany to underscore their resistance to pay cuts and factory closures the company says are necessary to cope with a slack European auto market. Thorsten Gröger, the regional leader of the IG Metall industrial union in Lower Saxony, where Volkswagen is headquartered, said that the company …

VW Union to Start Walkouts on Monday Over Cost-Cutting Plans
Trending News
3 months, 4 weeks ago

VW Union to Start Walkouts on Monday Over Cost-Cutting Plans

Live Mint  

-- Volkswagen AG workers across Germany plan to stage walkouts starting Monday after labor leaders and management failed to reach an agreement over how to slash costs at the carmaker’s namesake brand. “If necessary, this will be the toughest collective bargaining battle Volkswagen has ever seen,” said Thorsten Groeger, the IG Metall union’s lead negotiator in the VW talks. VW’s …

Volkswagen workers go on strike across Germany
3 months, 4 weeks ago

Volkswagen workers go on strike across Germany

CNN  

London CNN — Tens of thousands of Volkswagen workers are taking part in strikes at plants across Germany Monday, marking the largest walkouts at the carmaker’s domestic operations since 2018. A so-called “peace obligation” between workers and the company, which prohibited industrial action, expired Saturday, allowing strikes to take place from Sunday at virtually all of Volkswagen’s German factories. Workers …

Volkswagen closure plans likely to trigger major strike
4 months ago

Volkswagen closure plans likely to trigger major strike

China Daily  

FILE PHOTO: Volkswagen workers from factories across Germany gather in front of the Volkswagen Arena, ahead of talks between unions and management on wage cuts in Wolfsburg, Germany, November 21, 2024. Industrial action at Europe's biggest carmaker Volkswagen seems inevitable after its chief executive said the company will push ahead with the previously announced closure of three factories. Unions had …

Volkswagen closure plans likely to trigger major strike
4 months ago

Volkswagen closure plans likely to trigger major strike

China Daily  

FILE PHOTO: Volkswagen workers from factories across Germany gather in front of the Volkswagen Arena, ahead of talks between unions and management on wage cuts in Wolfsburg, Germany, November 21, 2024. Industrial action at Europe's biggest carmaker Volkswagen seems inevitable after its chief executive said the company will push ahead with the previously announced closure of three factories. Unions had …

Volkswagen talks go into third round
4 months, 1 week ago

Volkswagen talks go into third round

China Daily  

Volkswagen workers from factories across Germany gather in front of the Volkswagen Arena, ahead of talks between unions and management on wage cuts in Wolfsburg, Germany, November 21, 2024. Management and workers at Europe's largest auto producer, Volkswagen, began a third round of talks on Thursday over proposed wage cuts, with time running out to avoid strikes at production facilities …

Volkswagen talks go into third round
4 months, 1 week ago

Volkswagen talks go into third round

China Daily  

Volkswagen workers from factories across Germany gather in front of the Volkswagen Arena, ahead of talks between unions and management on wage cuts in Wolfsburg, Germany, November 21, 2024. Management and workers at Europe's largest auto producer, Volkswagen, began a third round of talks on Thursday over proposed wage cuts, with time running out to avoid strikes at production facilities …

No end to layoffs for German automakers? After Audi & Volkswagen, Ford announces job cuts
4 months, 1 week ago

No end to layoffs for German automakers? After Audi & Volkswagen, Ford announces job cuts

Firstpost  

Ford, which employs 28,000 people in Europe, is bound to lay off around 4,000 people here. The move follows recent announcements of job cuts from Audi and Volkswagen Ford Motors is set to lay off 4,000 people in Europe. Reuters Ford Motor Co. plans to cut 4,000 jobs across Europe and the UK by the end of 2027, citing economic …

Volkswagen says cost cuts are urgently needed as its earnings decline sharply
5 months ago

Volkswagen says cost cuts are urgently needed as its earnings decline sharply

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Volkswagen to lay off tens of thousands of staff, cut salaries and close three factories in Germany amid electric car slowdown
5 months ago

Volkswagen to lay off tens of thousands of staff, cut salaries and close three factories in Germany amid electric car slowdown

Daily Mail  

Volkswagen plans to shut at least three factories, lay off tens of thousands of its workforce and introduce further cost-cutting measures in Germany as part of a deeper-than-expected overhaul to the business, the company's works council head said on Monday. Daniela Cavallo, Chairwoman of the General and Group Works Council of Europe's largest carmaker Volkswagen AG speaks to employees during …

Volkswagen to close at least three factories amid electric car struggles
5 months ago

Volkswagen to close at least three factories amid electric car struggles

The Telegraph  

Volkswagen bosses are preparing to shut three German factories and sack “tens of thousands” of workers, the car giant’s top employee representative has claimed. The German car giant is also planning to cut pay by 10pc as part of a far-ranging shake-up, according to the VW works council, which represents rank-and-file employees. “This is the plan of Germany’s largest industrial …

For Volkswagen, the bumpy road to electric vehicles starts to hit home
6 months, 3 weeks ago

For Volkswagen, the bumpy road to electric vehicles starts to hit home

Live Mint  

Volkswagen’s suggestion that it might have to close a plant in Germany for the first time ever sets up a battle with its powerful union and highlights the mounting pressures on its namesake brand. The company said a “performance program" at its core Volkswagen brand that was agreed upon with union leaders last December would no longer be sufficient to …

VW mulls German factory closures
6 months, 3 weeks ago

VW mulls German factory closures

China Daily  

A person walks near a Volkswagen vehicle in Wolfsburg, Germany, September 3, 2024. Describing the European automotive industry as being in a "very… serious situation", Blume said the company's plan to save 10 billion euros of costs by 2026 was already several billion euros behind target. But the company said relying on not replacing retiring workers will be "insufficient to …

Volkswagen is cancelling a no-layoffs pledge and won't rule out closing plants in Germany
6 months, 4 weeks ago

Volkswagen is cancelling a no-layoffs pledge and won't rule out closing plants in Germany

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Germany's Volkswagen says auto industry …

VW considers closing German factory for first time in 87-year history
6 months, 4 weeks ago

VW considers closing German factory for first time in 87-year history

The Telegraph  

Volkswagen is considering closing factories in Germany for the first time in its 87-year history as the carmaker battles to cut costs and survive the transition to electric cars. VW, which also owns brands including Audi, Seat and Skoda, considers one large vehicle plant and one component factory in Germany to be obsolete, according to the powerful works council union. …

BMW cuts east German working hours to same as west
3 years, 4 months ago

BMW cuts east German working hours to same as west

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy BMW will cut working hours …

Volkswagen aims to lay off up to 4,000 workers in Germany: Report
4 years ago

Volkswagen aims to lay off up to 4,000 workers in Germany: Report

Al Jazeera  

The car giant is changing strategy to become more of a technology company along the lines of Tesla. Carmaker Volkswagen plans to cut up to 4,000 jobs at its plants in Germany by offering early or partial retirement to older employees in a move that could cost several hundred million euros, the Reuters news agency reported on Sunday citing company …

VW to cut up to 4,000 jobs via early retirement: Report
4 years ago

VW to cut up to 4,000 jobs via early retirement: Report

Live Mint  

Carmaker Volkswagen plans to cut up to 4,000 jobs at its plants in Germany by offering early or partial retirement to older employees in a move that could cost several hundred million euros, company sources said on Sunday. Volkswagen said it expected up to 900 workers to opt for early retirement, while a low number in the thousands would choose …

Volkswagen labour bosses clash with brand chief Diess over job cuts
8 years, 11 months ago

Volkswagen labour bosses clash with brand chief Diess over job cuts

Live Mint  

Berlin: Relations between Volkswagen’s powerful labour bosses and VW brand chief Herbert Diess appear to have hit a new low at a critical time for Europe’s largest carmaker, which is struggling to emerge from a crippling emissions cheating scandal. Labour leaders on Thursday accused Diess of betraying workers and trying to use the emissions scandal as a pretext for job …

Volkswagen to cut 600 temporary jobs to tide over scandal costs
9 years, 3 months ago

Volkswagen to cut 600 temporary jobs to tide over scandal costs

Live Mint  

Berlin: Volkswagen will shed about 600 temporary workers at a factory in Zwickau, Germany next year as it battles to cope with the fallout from its cheating of diesel emissions tests, labour representatives at the auto maker said. Europe’s largest auto maker is cutting spending on factories, equipment and models to curb multi-billion euro costs from a scandal centring on …

Volkswagen considers cutting temporary worker numbers: works council
9 years, 5 months ago

Volkswagen considers cutting temporary worker numbers: works council

Live Mint  

Berlin: Volkswagen is considering a reduction in temporary workers as part of efforts to offset the cost of the emissions scandal, the car maker’s works council said on Saturday. A spokesman for the council, a grouping of labour representatives within the company, said it would support efforts to secure temporary jobs but was aware the company’s board was discussing “different …

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