Tag: cost reductions

Volkswagen | Start of collective bargaining round: Volkswagen rejects IG Metall demands and calls for cost reductions

Sep 27, 2024

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Volkswagen began collective bargaining negotiations on September 25, 2024, in Hanover. The company rejected IG Metall’s demands for a pay increase, emphasizing the need for cost reductions to maintain competitiveness. Volkswagen seeks to review labor conditions to ensure future sustainability and improve productivity. Source: Volkswagen (Published September 25, 2024)