2024-11-21 05:40:09
Automotive
Business

Union Protests Challenge Volkswagen's Wage Plans

Image courtesy of : AFP (FOCKE STRANGMANN)

IG Metall is actively protesting Volkswagen's proposed wage cuts and potential plant closures. The union advocates for a future fund, suggesting the next wage increase be allocated there, with Volkswagen agreeing not to dismiss employees.

They demand Volkswagen adopt the pilot agreement from the metal and electrical industry. Lower Saxony's state government, represented on Volkswagen's supervisory board, supports this initiative.

Although a peace obligation remains in effect until the end of November, strikes could ensue afterward. The collective agreement impacts around 125,000 employees across six major West German Volkswagen sites.

Thousands are expected at a protest rally in Wolfsburg, coinciding with the wage negotiations. Lower Saxony's Economic Minister Olaf Lies encourages swift solutions to secure jobs and avoid closures.

The union plans a demonstration to pressure Volkswagen into considering cost-saving measures without layoffs, aiming to achieve a compromise that could save 1.5 billion euros.

gmx
21. November 2024 um 00:02

Lies demands quick results at VW

Economy
Finance
Politics
Lower Saxony's Minister of Economic Affairs, Olaf Lies, welcomes the future plan of the works council and IG Metall at VW; management and works council must quickly develop solutions to secure jobs and avoid plant closures.
noz
21. November 2024 um 00:00

Minister of Economics Lies: VW must deliver results quickly

Economy
Politics
VW's works council and IG Metall present a future concept; Minister of Economics Lies sees the possibility for a compromise; the proposal includes a zero round, a wage increase in a future fund.
zeit
21. November 2024 um 00:00

Automotive Industry: Lies Demands Rapid Results at VW

Economy
Politics
Lower Saxony's Minister of Economic Affairs, Olaf Lies, welcomes the future plan of the works council and IG Metall at VW; he expects that the management will examine the proposals constructively and quickly develop solutions to secure jobs and avoid plant closures. Today, IG Metall and VW are meeting for the third collective bargaining round to discuss new proposals from the employee side to reduce labor costs without layoffs.
Tagesspiegel
21. November 2024 um 03:32

Volkswagen Crisis: VW Collective Bargaining: IG Metall Puts Pressure with Protest Rally

Economy
Politics
IG Metall increases pressure on VW with a protest rally; The employee side proposes a future fund to prevent plant closures and dismissals.
CW

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