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The deal includes "socially responsible" job cuts of over 35,000 German factory workers by 2030. VW's New Union Deal Prevents German Factories from Closing Skip to main content
WOLFSBURG, Germany (Reuters) -Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe's biggest economy as it ...
The German Volkswagen Group is the largest automaker in the world as of 2015. [1] As of 2019 [ref] , it has 136 production plants, and employs around 670,000 people around the world who produce a daily output of over 26,600 motor vehicles and related major components, for sale in over 150 countries.
VW was considering closing up to three factories in Germany and had been calling on its workforce to accept a 10% pay cut. At the time, the union was calling for a 7% increase.
Volkswagen has 10 assembly and parts plants in Germany, where 120,000 of its 684,000 workers worldwide are based. As Europe’s largest carmaker, the company is a symbol of the country’s consumer prosperity and economic growth after World War II.
The domestic factory closures would be the first in Volkswagen’s 87-year history, and they lay bare the challenges facing Germany’s largest manufacturer. The plans are already facing pushback ...
The Wolfsburg Volkswagen Plant is the worldwide headquarters of the Volkswagen Group. [1] Situated in Wolfsburg, Germany, it is one of the largest manufacturing plants in the world, with an area of just under 6.5 million m 2 (70 million sq ft) and a building area of 1.6 million m 2 (17 million sq ft). [2] In 2015 the plant produced 815,000 cars.
To address the issue, Volkswagen has proposed a 10 per cent pay cut for its 120,000 German employees and suggested closing three of its German plants. Workers’ representatives have voiced strong ...