Tag: Volkswagen AG

Volkswagen AG and unions negotiate cost reductions, including possible layoffs and factory closures, sparking heightened tensions. Union leaders threaten strikes if plans proceed, challenging CEO Oliver Blume as competition increases from Chinese electric vehicle makers.(Reuters)
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Volkswagen starts pay talks with unions over possible German plant closures

Sep 25, 2024 11:23 AM IST Volkswagen AG begins negotiations with unions over potential cost cuts, including factory closures and layoffs. Tensions rise as unions…

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