GgoogleDE first seen 19 h ago, last 19 h ago, peak #1

Volkswagen to scrap nearly all collective labour agreements

Original: volkswagen

Volkswagen has announced it will terminate almost all of its collective bargaining agreements in Germany, in what Bild calls the next cost-cutting hammer at the crisis-hit carmaker. The move signals a dramatic escalation in VW's restructuring drive and directly threatens job security, pay levels and working conditions for its large German workforce, with labour unions expected to resist fiercely.

Why now: The announcement marks a major escalation of VW's cost-cutting with direct consequences for hundreds of thousands of German workers.

VolkswagenBildGermanyIG Metall

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Evidence

• VW: Volkswagen kündigt fast alle Tarifverträge · DIE ZEIT
• Nächster Sparhammer! VW kündigt fast alle Tarifverträge · BILD

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