2024-12-01 05:40:08
Automotive
Business

VW Faces Looming Strikes Amid Wage Dispute

Image used under license from Shutterstock.com

Volkswagen is on the brink of widespread warning strikes as tensions rise over wage reductions and job security. The labor union IG Metall, together with the works council, has ended the peace obligation, signaling the start of potential industrial action across all German VW plants. This decision affects approximately 120,000 employees who could see a 10% wage cut, plant closures, and possible layoffs.

The conflict centers around VW's demands for wage reductions due to alleged overcapacity, while the union calls for salary increases and job security guarantees until 2035. The workers are gearing up for these strikes, with initial demonstrations already taking place in Zwickau, Saxony, where employees expressed their readiness with symbolic actions.

Negotiations between the company and the union have so far been unfruitful, with the third round ending without an agreement. The union has proposed the establishment of a future fund to finance employment guarantees and reduce costs, but this was rejected by VW. The situation has drawn significant attention, with key figures like Federal Labor Minister Hubertus Heil expected to attend meetings.

The last significant industrial action occurred in 2018, and with the peace obligation now lifted, IG Metall has announced that warning strikes could begin as soon as Monday. The ongoing discussions are set to resume on December 9th, as both sides seek to navigate this challenging period. The outcome of these talks will be crucial, as the threat of industrial action looms large over VW's operations across Germany.

gmx
1. Dezember 2024 um 00:15

Volkswagen Facing Widespread Warning Strikes - Peace Obligation Ends

Economy
Politics
Volkswagen is facing widespread warning strikes. IG Metall has marked the end of the peace obligation and announced warning strikes. The conflict revolves around wage cuts, job cuts and possible plant closures for 120,000 employees. Works council chairwoman Cavallo speaks of great frustration among the workforce. Chief negotiator Gröger warns that the warning strikes cannot be overlooked by the company. IG Metall and the works council had wanted to incorporate a wage increase into a future fund,..
gmx
30. November 2024 um 23:24

VW Employees Warm Up for Labor Dispute

Economy
VW employees in Saxony are preparing for labor disputes; Works Council Chairman Kunstmann announces warning strikes starting next week; Collective bargaining conflict over pay and job security until 2035; IG Metall plans warning strikes from December.
zeit
30. November 2024 um 23:22

Warning Strikes: VW Employees Warm Up for Labor Dispute

Economy
VW employees in Saxony are preparing for labor disputes; Works Council Chairman Kunstmann announces warning strikes at all German locations; Collective bargaining conflict over pay and job security until 2035; IG Metall and the Works Council have ended the peace obligation.
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!