Crisis at Volkswagen: VW terminates collective bargaining agreements: What does this mean for employees?
Volkswagen has terminated ten collective bargaining agreements. Nothing has been decided yet. However, a tough confrontation is emerging. What could change in terms of salary, working hours, and vacation - and from when.
Volkswagen has cancelled several collective bargaining agreements with its German employees, affecting around 130,000 people. The company says this is to improve competitiveness and cut costs, amid a challenging market environment. The cancelled agreements cover issues such as working hours, vacation time, and pay scales, and the company aims to renegotiate new terms. The move has sparked criticism from the IG Metall union, which represents the employees, and could lead to a tough labor dispute this winter.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
