Berlin, Oct 30, 2024 (AFP) - Volkswagen confirms it demands a 10-percent wage cut in union talks

NAMPA / AFP

2024-10-30

Volkswagen on Wednesday said it had demanded a 10 percent wage cut in negotiations with a German union that fears the ailing auto giant will close several plants on its home turf. VW in a statement rejected demands for higher wages and said that "rather, the company sees a 10 percent wage cut as a lever that will enable Volkswagen to continue to invest in the future in order to remain competitive and thus secure jobs." bur/fz/fec/cw ...

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