Sunday, January 19, 2025
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Volkswagen asks for 10% pay cuts


(Reuters) – Volkswagen desires its labor force to take pay cuts of 10% in order to continue to be affordable and guard tasks, the firm claimed in a declaration on Thursday.

The news follows a demand from the IG Metall union to trek incomes by 7% and restore cumulative contracts. The firm claims it is not able to satisfy those needs.

(Reporting by Paolo Laudani, modifying by Thomas Escritt)



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