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VW AM ABGRUND: Auto giant wants to freeze salaries by 2030! Crisis at the Group is intensifying!

The crisis at Volkswagen continues to escalate: Due to the ongoing restructuring dispute, the car manufacturer is apparently postponing its long-term investment planning. As the Handelsblatt reports, decisions on billion-dollar investments for the next five years should not be made until next year. At the same time, another push is causing unrest: According to IG Metall, VW plans to freeze salaries worldwide by 2030. The union announces resistance in the coming collective bargaining. This increases the pressure on the Group, which is between Sparzwang,...

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The crisis at Volkswagen continues to escalate: Due to the ongoing restructuring dispute, the car manufacturer is apparently postponing its long-term investment planning. As the Handelsblatt reports, decisions on billion-dollar investments for the next five years should not be made until next year. At the same time, another push is causing unrest: According to IG Metall, VW plans to freeze salaries worldwide by 2030. The union announces resistance in the coming collective bargaining. This increases the pressure on the Group, which has to find a way out of the crisis between forced austerity, future investments and the interests of its employees.

Source: WELT ›

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