Volkswagen aims to cut worker anniversary bonuses amid pay dispute

NAMPA / DPA
2024-11-02
Wolfsburg, Germany (dpa) - Anniversary bonus payments to long-time Volkswagen employees are among the many pay perks company bosses want to slash as part of deep cuts at the German automaker, a VW spokeswoman confirmed to dpa on Saturday. VW has threatened to close plants in Germany, while labour leaders have warned of mass layoffs of tens of thousands of workers in the country as the automaker contends with falling profits and stiff competition.......
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