Showing 181 to 192 of 236 results
VW, Unions Reach Deal: 35,000 Job Cuts, Production Reduction
Volkswagen and German unions reached a deal on December 20th, averting plant closures and mass layoffs, but involving 35,000 job cuts and a 700,000 vehicle production reduction by 2030 to address shrinking European markets and competition from China.
VW, Unions Reach Deal: 35,000 Job Cuts, Production Reduction
Volkswagen and German unions reached a deal on December 20th, averting plant closures and mass layoffs, but involving 35,000 job cuts and a 700,000 vehicle production reduction by 2030 to address shrinking European markets and competition from China.
Progress
24% Bias Score
Volkswagen Averts Plant Closures in Restructuring Deal
Volkswagen and its worker representatives reached a compromise to restructure the company, involving the reduction of over 35,000 jobs and a 25% cut in production capacity, while avoiding plant closures and extending job security until 2030, saving over €15 billion annually.
Volkswagen Averts Plant Closures in Restructuring Deal
Volkswagen and its worker representatives reached a compromise to restructure the company, involving the reduction of over 35,000 jobs and a 25% cut in production capacity, while avoiding plant closures and extending job security until 2030, saving over €15 billion annually.
Progress
44% Bias Score
Volkswagen Averts Layoffs in 70-Hour Union Deal
Following two days of strikes by 100,000 workers, the IG Metall union and Volkswagen reached a 70-hour wage agreement preventing plant closures, layoffs, and salary cuts until 2030; failure to renew the agreement by then will cost Volkswagen €1 billion.
Volkswagen Averts Layoffs in 70-Hour Union Deal
Following two days of strikes by 100,000 workers, the IG Metall union and Volkswagen reached a 70-hour wage agreement preventing plant closures, layoffs, and salary cuts until 2030; failure to renew the agreement by then will cost Volkswagen €1 billion.
Progress
44% Bias Score
VW Averts Plant Closures, Cuts 35,000+ Jobs in Wage Deal
Volkswagen reached a wage deal with its 120,000 German workers, avoiding plant closures until 2030 but involving over 35,000 job cuts through buyouts and early retirement to address lagging sales, rising costs, and Chinese competition; the deal saves VW €1.5 billion yearly in labor costs and €4 bill...
VW Averts Plant Closures, Cuts 35,000+ Jobs in Wage Deal
Volkswagen reached a wage deal with its 120,000 German workers, avoiding plant closures until 2030 but involving over 35,000 job cuts through buyouts and early retirement to address lagging sales, rising costs, and Chinese competition; the deal saves VW €1.5 billion yearly in labor costs and €4 bill...
Progress
36% Bias Score
Volkswagen Announces Major Job Cuts and Production Reduction
Volkswagen and the IG Metall union reached a deal to cut over 35,000 jobs and reduce production by 700,000 vehicles annually by 2030, avoiding plant closures but shifting Golf production to Mexico, impacting various locations including Wolfsburg and raising concerns about the future of other plants.
Volkswagen Announces Major Job Cuts and Production Reduction
Volkswagen and the IG Metall union reached a deal to cut over 35,000 jobs and reduce production by 700,000 vehicles annually by 2030, avoiding plant closures but shifting Golf production to Mexico, impacting various locations including Wolfsburg and raising concerns about the future of other plants.
Progress
44% Bias Score
VW, IG Metall Reach Deal: Job Cuts in Exchange for Plant Security
After a record-breaking 70-hour negotiation marathon, Volkswagen and IG Metall reached a deal to maintain all VW plants in Germany until 2030, in exchange for wage freezes, bonus cuts, and the elimination of more than 35,000 jobs, with production ending at two plants by 2027.
VW, IG Metall Reach Deal: Job Cuts in Exchange for Plant Security
After a record-breaking 70-hour negotiation marathon, Volkswagen and IG Metall reached a deal to maintain all VW plants in Germany until 2030, in exchange for wage freezes, bonus cuts, and the elimination of more than 35,000 jobs, with production ending at two plants by 2027.
Progress
44% Bias Score
Honda and Nissan to Merge, Creating World's Third-Largest Automaker
Honda and Nissan, along with Mitsubishi Motors, are merging to form the world's third-largest automaker, aiming to better compete with Chinese EV manufacturers and bolster their position in a rapidly changing automotive market.
Honda and Nissan to Merge, Creating World's Third-Largest Automaker
Honda and Nissan, along with Mitsubishi Motors, are merging to form the world's third-largest automaker, aiming to better compete with Chinese EV manufacturers and bolster their position in a rapidly changing automotive market.
Progress
32% Bias Score
Volkswagen Averts Strikes with 35,000 Job Cut Deal
Volkswagen and German unions reached a deal to avert strikes, involving over 35,000 future job cuts and capacity reductions but avoiding immediate site closures or layoffs, after 70 grueling hours of negotiation.
Volkswagen Averts Strikes with 35,000 Job Cut Deal
Volkswagen and German unions reached a deal to avert strikes, involving over 35,000 future job cuts and capacity reductions but avoiding immediate site closures or layoffs, after 70 grueling hours of negotiation.
Progress
48% Bias Score
VW Agrees to 35,000 Job Cuts, Avoiding Plant Closures
Volkswagen and the IG Metall union concluded the longest wage negotiations in VW's history, agreeing to cut over 35,000 jobs by 2030 without plant closures or forced layoffs, after over 70 hours of talks in Hanover, Germany.
VW Agrees to 35,000 Job Cuts, Avoiding Plant Closures
Volkswagen and the IG Metall union concluded the longest wage negotiations in VW's history, agreeing to cut over 35,000 jobs by 2030 without plant closures or forced layoffs, after over 70 hours of talks in Hanover, Germany.
Progress
36% Bias Score
Volkswagen Averts Strikes with 35,000 Job Cuts
Volkswagen averted mass strikes in Germany by agreeing to 35,000 future job cuts and capacity reductions, resulting in 15 billion euros in annual savings, following 70 hours of negotiations and major worker strikes.
Volkswagen Averts Strikes with 35,000 Job Cuts
Volkswagen averted mass strikes in Germany by agreeing to 35,000 future job cuts and capacity reductions, resulting in 15 billion euros in annual savings, following 70 hours of negotiations and major worker strikes.
Progress
40% Bias Score
Volkswagen-IG Metall Talks Stall Amidst Cost-Cutting Dispute
Negotiations between Volkswagen and its union, IG Metall, have stalled after four days, failing to resolve cost-cutting measures amid falling European sales and increased Chinese competition; the Porsche-Piëch family, the majority stakeholder, supports factory closures, while the union suggests cutt...
Volkswagen-IG Metall Talks Stall Amidst Cost-Cutting Dispute
Negotiations between Volkswagen and its union, IG Metall, have stalled after four days, failing to resolve cost-cutting measures amid falling European sales and increased Chinese competition; the Porsche-Piëch family, the majority stakeholder, supports factory closures, while the union suggests cutt...
Progress
48% Bias Score
Volkswagen-IG Metall Negotiations: Potential Agreement Averts Layoffs, But Production Shifts
Volkswagen and IG Metall are negotiating a potential agreement averting plant closures and layoffs until 2030, but involving production shifts (Golf production to Mexico, EV production halt in Zwickau) and bonus waivers for workers, although analysts remain skeptical about achieving sufficient cost ...
Volkswagen-IG Metall Negotiations: Potential Agreement Averts Layoffs, But Production Shifts
Volkswagen and IG Metall are negotiating a potential agreement averting plant closures and layoffs until 2030, but involving production shifts (Golf production to Mexico, EV production halt in Zwickau) and bonus waivers for workers, although analysts remain skeptical about achieving sufficient cost ...
Progress
48% Bias Score
Showing 181 to 192 of 236 results