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VW to cancel almost all collective labour agreements in Germany

Original: vw

Volkswagen has announced it will terminate almost all of its collective bargaining agreements in Germany, in what Bild describes as the next austerity hammer at the carmaker. The move, reported amid VW's ongoing cost-cutting push, would strip workers of negotiated pay protections and is expected to trigger fierce conflict with the IG Metall union and works councils over job security and wages at German plants.

Why now: The announcement marks a dramatic escalation of Volkswagen's cost-cutting programme, threatening labour relations at Germany's largest carmaker.

VolkswagenIG MetallGermanyBild

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