2024-11-10 05:40:10
Business

VW Managers Challenge Salary Cuts

Image courtesy of : AFP (FOCKE STRANGMANN)

Former Volkswagen managers are embroiled in legal battles over salary reductions as part of a cost-cutting initiative. Many are appealing court decisions at the Braunschweig Labor Court, seeking reinstatement of a promised 3.3% pay increase and an inflation compensation bonus of 1,000 euros.

While 23 lawsuits have already been dismissed, an additional 75 cases are pending, highlighting the widespread discontent among former employees. The plaintiffs, many of whom are in early retirement, argue that their grievances stem from assurances made by VW in 2023. With an appeal deadline approaching on December 6, the outcome of these disputes remains uncertain, and the stakes are high for all parties involved.

gmx
9. November 2024 um 15:59

Former Inferior VW Managers Continue to Dispute Salary Increase

Economy
Finance
Former VW managers are suing against salary cuts in the cost-cutting program; the majority is appealing; proceedings at the Braunschweig Labor Court; plaintiffs in early retirement with time-value securities; cancellation of tariff increases and inflation compensation bonuses; 23 lawsuits rejected, 3 more lawsuits; appeal deadline until December 6; around 75 more lawsuits.
noz
9. November 2024 um 20:41

Former VW Managers Fight for Canceled Wage Increases: This is How the Dispute Continues

Economy
Finance
VW has canceled wage increases for former managers; Lawsuits against it have failed; The legal dispute is going to the next instance.
CW

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