Tag #Labor Negotiations

Showing 25 to 36 of 47 results

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East Coast Port Strike Averted by Tentative Labor Deal

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) reached a tentative six-year contract on January 15, averting a strike that would have crippled US East and Gulf Coast ports, resolving disputes over automation and wages with a deal that includes a 62%...

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forbes.com
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Dockworkers Resume Negotiations To Avert Potential Strike

East Coast and Gulf Coast dockworkers are set to resume negotiations on January 15 to avoid a potential strike that could cost the U.S. economy billions of dollars per week and affect retail profitability; the previous three-day strike in October ended with a tentative agreement on pay.

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taz.de
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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.

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welt.de
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Volkswagen Cuts 35,000 German Jobs in Restructuring Plan

Volkswagen will cut 35,000 jobs in Germany by 2030, shifting production to Mexico and outsourcing software development, to counter lagging competitiveness and declining stock prices while avoiding plant closures.

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dw.com
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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.

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zeit.de
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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...

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cnbc.com
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ILA, USMX Reach Tentative Six-Year Contract, Averting Strike

The International Longshoremen's Association (ILA) and the U.S. Maritime Alliance (USMX) reached a tentative six-year contract on January 15, 2025, averting a strike, with key compromises on automation and technology implementation while preserving jobs, pending ratification votes.

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cincodias.elpais.com
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Spanish Textile Workers' Contract Talks Stalled Amid Legal Dispute

Negotiations for a new collective bargaining agreement in Spain's textile sector, covering over 160,000 workers from companies including Inditex and Mango, are stalled due to a legal dispute between unions and disagreements on key issues like salaries (€17,000 offered vs. €20,000 demanded) and job c...

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zeit.de
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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.

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edition.cnn.com
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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.

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cnn.com
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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.

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welt.de
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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.

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Showing 25 to 36 of 47 results