Collective bargaining: IG Metall: VW plans to freeze salaries until 2030
Volkswagen is not coming to rest. Further cuts in salary are threatening for the employees. What is currently known about the plans.
Volkswagen employees face possible years of zero salary growth, according to IG Metall. The union claims plans exist to freeze the salaries of over 660,000 employees worldwide until 2030. The European and World Group Works Council described the move as absurd, citing that personnel costs make up only a fraction of total costs. IG Metall fears a 10% loss in real wages if the plans are implemented and is demanding a 5% salary increase in upcoming negotiations.
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.
