Tag #Labor Negotiations

Showing 37 to 47 of 47 results

welt.de
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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 ...

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48% Bias Score

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welt.de
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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.

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sueddeutsche.de
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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...

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36% Bias Score

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sueddeutsche.de
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Potential Strikes Loom in German Public Sector Amidst Collective Bargaining

Collective bargaining negotiations for 2.5 million German public sector employees begin January 24th, with potential warning strikes looming due to strained municipal budgets and union demands for an 8 percent pay raise (minimum 350 euros/month), potentially disrupting essential services.

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faz.net
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Porsche SE Withdraws Profit Forecast, Anticipates Substantial Loss

Porsche SE withdrew its profit forecast for the fiscal year, now expecting a substantial loss due to significant write-downs on its VW shares; this stems from a discrepancy between the book value and current market value of the shares, exacerbated by a delay in VW's internal planning data related to...

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zeit.de
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German Metalworkers Reach Collective Bargaining Agreement

The collective bargaining dispute in Germany's metal and electrical industry's Mitte district has concluded with an agreement that includes wage increases, one-time payments, and improved conditions for apprentices. Both sides highlighted the importance of compromise and collaboration.

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t24.com.tr
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Turkey's 2025 Minimum Wage: Conflicting Proposals Spark Debate

Turkey's Minimum Wage Determination Commission is reviewing proposals for a 2025 minimum wage: TÜRK-İŞ suggests 29,583 lira (45% increase plus welfare share), while TİSK proposes a 25-30% increase (21,250-22,100 lira net). The final decision, impacting millions of workers, considers economic conditi...

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theglobeandmail.com
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Volkswagen-IG Metall Talks Continue Amid Threat of Major Strikes

Volkswagen and IG Metall union are in crunch talks to avert major strikes in 2025 over potential factory closures and mass layoffs in Germany, with a possible pre-Christmas deal under negotiation amid intense pressure from investors.

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36% Bias Score

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welt.de
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Potential Strikes Loom in German Public Sector Wage Dispute

Wage negotiations for 2.5 million German public sector workers begin January 24, 2024, with potential strikes looming due to strained municipal budgets and high union demands (8 percent or 350 euros) amid economic uncertainty.

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40% Bias Score

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faz.net
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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.

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56% Bias Score

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sueddeutsche.de
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Germany Faces Contentious Public Sector Wage Negotiations

Upcoming labor negotiations in Germany's public sector are expected to be contentious, with unions demanding significant wage increases while employers cite financial constraints. The outcome will have far-reaching implications for the German economy and public services.

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48% Bias Score

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Showing 37 to 47 of 47 results