Volkswagen Intends to Freeze the Salaries of a Significant Part of Its Employees Around the World Until 2030, According to German Media
44 Articles
44 Articles
The Volkswagen car group plans to freeze the wages of its more than 660,000 employees by 2030. The German trade union IG Metall said this in a press release on Monday. Volkswagen declined to comment on the information, which was previously reported by the Süddeutsche Zeitung newspaper. The Volkswagen group also includes the Czech Skoda Auto, which has around 36,500 employees, including agency workers.
Volkswagen intends to freeze the salaries of a significant part of its employees around the world until 2030, according to German media
Volkswagen intends to freeze the salaries of a significant part of its employees around the world until 2030, according to German media.The carmaker began to consider such a decision in connection with a reduction in the budget from which salaries are...
VW is apparently planning a salary freeze by 2030! Thousands of employees face zero rounds, fewer special payments and financial losses.
According to the newspaper Der Spiegel, the company did not comment on this possibility, but a spokesman mentioned that there is a process in progress, and the next round of negotiations will be the ideal place to reach internal agreements.
Volkswagen is running a hard austerity course: in the next few years around 100,000 jobs are to be cancelled and up to four plants in Germany are to be cancelled. Now it is said that in addition to this, many employees should no longer receive any wage increases at all – by 2030.
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