Banks: Verdi calls for nationwide warning strikes at private banks
This is intended to increase pressure on employers before the second round of negotiations on November 2. Around 150,000 employees are affected by the collective bargaining dispute.
The IG Metall and VW works council are demanding that Volkswagen withdraw the termination of almost all of its company-specific collective agreements. They have given the company until the end of October to reverse its decision, warning that otherwise, it will lead to a massive escalation of labour disputes. Volkswagen is seeking to cut labour costs amid a crisis, particularly due to a sales slump in China, with nearly 100,000 jobs at risk in Germany. The company terminated ten of its twelve collective agreements with IG Metall in late September.
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.
