VW workers go on strike
Briefly

"Volkswagen has set fire to our collective agreements and instead of extinguishing this fire in three collective bargaining sessions, the management board is throwing open barrels of petrol into it," said IG Metall spokesperson Thorsten Groeger. This statement underscores the escalating tensions between VW management and workers, indicating a deep frustration over the management's rejection of cost-saving proposals.
IG Metall's members are striking in response to VW's plans to cut its European manufacturing costs, which are dragging on the company at the same time as the Chinese market has become more difficult due to domestic competition, as well as a softening of global demand for electric vehicles.
VW's response to these tough times has been to propose a 10 percent pay cut, thousands of layoffs, and the closure of three German factories—the first time such a thing will have happened in the company's 87-year history.
Read at Ars Technica
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