Volkswagen managers will see significant bonus cuts in 2025 and 2026 as part of restructuring. The deep cost-saving measures are designed to secure the company’s long-term stability. Europe’s ...
FRANKFURT, Germany — Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs ...
You never know what Larry Gilreath might bring home from an auction or go take a look at after seeing an enticing post on Facebook Marketplace. The wooden horse-drawn Amish buggy sitting in his front ...
Thousands of positions will disappear in Germany by 2030 VW plans to downsize workforce through retirements and voluntary measures Further cost savings will come from efficiency drives at plants ...
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After more than 70 hours of marathon negotiations, the IG Metall workers union has reached an agreement with the management of car manufacturer Volkswagen. In a press release, IG Metall wrote that ...
Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity reductions in a last gasp deal between Europe’s top carmaker and unions on ...
Pour one out for another great engine: Volkswagen has built the final VR6. “After 34 years and nearly 1.87 million units produced, the iconic VR6 engine says farewell,” Andreas G. Schleith, a ...
Deal sees job cuts and capacity reductions Unions hail deal that will keep factories open Latest round of talks has been ongoing since Monday VW seeks to cut costs as European market shrinks ...
In a post on LinkedIn, Volkswagen communications manager Andreas Schleith announced the sad news that every water-cooled VW fan had been dreading: the VR6 engine is dead. Volkswagen built its ...
The German automaker had floated plans to shut as many as three factories and carry out mass job cuts. https://p.dw.com/p/4oRGa Thousands of Volkswagen workers went ...