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Volkswagen, Union Agree to Cut Capacity and Keep German Plants Open

  • Volkswagen and the union have agreed to cut capacity while keeping German plants open.
  • The agreement aims to balance productivity and job security amidst challenging market conditions.
  • Union representatives highlighted the importance of maintaining employment in the agreement.
  • Volkswagen seeks to adapt to changing consumer demands through this collaborative effort.
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Portfolio.hu broke the news in on Friday, December 20, 2024.
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