VW-IG Metall Compromise Averts Layoffs, But at a Steep Price
Volkswagen and IG Metall reached a hard-fought compromise on wage negotiations, averting job cuts but requiring €1.5 billion in annual employee contributions and a 10% management pay cut for two years. The deal follows intense pressure from the Porsche and Piëch families, owners of Volkswagen.
VW-IG Metall Compromise Averts Layoffs, But at a Steep Price
Volkswagen and IG Metall reached a hard-fought compromise on wage negotiations, averting job cuts but requiring €1.5 billion in annual employee contributions and a 10% management pay cut for two years. The deal follows intense pressure from the Porsche and Piëch families, owners of Volkswagen.
Progress
48% 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, 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
Volkswagen-IG Metall Wage Talks Fail; Strike Threat Looms
After a 23-hour negotiation marathon in Hannover, Volkswagen and IG Metall failed to reach a wage agreement on December 19th, 2024, leaving the future uncertain and with the threat of expanded strikes looming for 2025. Key sticking points include VW's proposed plant closures, 10% pay cut, and reduce...
Volkswagen-IG Metall Wage Talks Fail; Strike Threat Looms
After a 23-hour negotiation marathon in Hannover, Volkswagen and IG Metall failed to reach a wage agreement on December 19th, 2024, leaving the future uncertain and with the threat of expanded strikes looming for 2025. Key sticking points include VW's proposed plant closures, 10% pay cut, and reduce...
Progress
36% Bias Score
IG Metall Demands €600 Billion for German Industry
Germany's IG Metall union is demanding €600 billion in public infrastructure investment, a wealth tax, and industrial aid to secure eight million jobs and modernize the industrial sector, planning a March action day to emphasize its demands.
IG Metall Demands €600 Billion for German Industry
Germany's IG Metall union is demanding €600 billion in public infrastructure investment, a wealth tax, and industrial aid to secure eight million jobs and modernize the industrial sector, planning a March action day to emphasize its demands.
Progress
36% Bias Score
VW Faces Second Major Strike Amidst Wage Dispute
IG Metall is organizing a four-hour warning strike at all German Volkswagen plants except Osnabrück on December 9th, coinciding with the fourth round of wage negotiations, to protest Volkswagen's proposed 10% wage cut and potential plant closures, affecting roughly 130,000 employees.
VW Faces Second Major Strike Amidst Wage Dispute
IG Metall is organizing a four-hour warning strike at all German Volkswagen plants except Osnabrück on December 9th, coinciding with the fourth round of wage negotiations, to protest Volkswagen's proposed 10% wage cut and potential plant closures, affecting roughly 130,000 employees.
Progress
44% 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
VW and IG Metall Reach Deal, Avoiding Layoffs but Cutting 35,000 Jobs
Volkswagen and IG Metall union reached a deal to avoid plant closures and layoffs until 2030, but over 35,000 jobs will be cut through attrition and social programs; this follows the longest negotiation round in VW's history, exceeding 70 hours, with two rounds of strikes involving approximately 100...
VW and IG Metall Reach Deal, Avoiding Layoffs but Cutting 35,000 Jobs
Volkswagen and IG Metall union reached a deal to avoid plant closures and layoffs until 2030, but over 35,000 jobs will be cut through attrition and social programs; this follows the longest negotiation round in VW's history, exceeding 70 hours, with two rounds of strikes involving approximately 100...
Progress
48% Bias Score
Volkswagen-IG Metall Talks Fail: Threat of Major Strikes in 2025
Volkswagen and IG Metall's 46-hour negotiation in Hannover over pay cuts, plant closures, and layoffs ended without an agreement, leaving the possibility of escalated labor action in 2025.
Volkswagen-IG Metall Talks Fail: Threat of Major Strikes in 2025
Volkswagen and IG Metall's 46-hour negotiation in Hannover over pay cuts, plant closures, and layoffs ended without an agreement, leaving the possibility of escalated labor action in 2025.
Progress
16% Bias Score
VW-IG Metall Negotiations: Potential Agreement by Wednesday
VW and IG Metall are in intense negotiations to avert plant closures and job losses, with a potential partial agreement by Wednesday; however, failure to reach an agreement could trigger further strikes.
VW-IG Metall Negotiations: Potential Agreement by Wednesday
VW and IG Metall are in intense negotiations to avert plant closures and job losses, with a potential partial agreement by Wednesday; however, failure to reach an agreement could trigger further strikes.
Progress
56% Bias Score
"Volkswagen Strike: Four-Hour Work Stoppage Amid Wage Dispute"
"A four-hour warning strike at seven Volkswagen plants in Germany, including Wolfsburg, is underway as the fourth round of wage negotiations begins. The union, IG Metall, opposes VW's demand for a 10% pay cut and potential plant closures; VW recently paid out a 4.5 billion euro dividend."
"Volkswagen Strike: Four-Hour Work Stoppage Amid Wage Dispute"
"A four-hour warning strike at seven Volkswagen plants in Germany, including Wolfsburg, is underway as the fourth round of wage negotiations begins. The union, IG Metall, opposes VW's demand for a 10% pay cut and potential plant closures; VW recently paid out a 4.5 billion euro dividend."
Progress
36% Bias Score
VW Faces Second Major Strike Amid Contract Dispute
On Monday, approximately 100,000 Volkswagen employees in Germany will participate in a four-hour warning strike across various plants, except Osnabrück, due to stalled contract negotiations where VW demands 10% wage cuts and potential plant closures, while the union rejects these measures.
VW Faces Second Major Strike Amid Contract Dispute
On Monday, approximately 100,000 Volkswagen employees in Germany will participate in a four-hour warning strike across various plants, except Osnabrück, due to stalled contract negotiations where VW demands 10% wage cuts and potential plant closures, while the union rejects these measures.
Progress
44% Bias Score