According to the VW Works Council, thousands of VW employees are set to soon receive anniversary bonuses, which management now wants to cut. Under the current collective agreement, workers receive ...

FRANKFURT, Oct 30 (Reuters) - Volkswagen (VOWG_p.DE), opens new tab has proposed to cut wages at its brand by 10% to tackle weak demand and high costs, the division's personnel chief Arne ...

Volkswagen sees no chance of avoiding layoffs and plant closures in order to cut 4 billion euros ($4.2 billion) in costs, the ...

Volkswagen on Wednesday said it had demanded a 10-percent wage cut in negotiations with workers' groups that fear the ailing German auto giant will close several plants on its home turf. VW ...

Volkswagen AG laid out a cost-savings proposal to workers that could avoid factory closures in Germany. Arne Meiswinkel, the automaker’s chief negotiator, said the plan includes a 10% pay cut ...

Labor leaders at Volkswagen AG offered €1.5 billion ($1.6 billion) in additional cost cuts as management pushes for broad savings to steady the beleaguered carmaker. VW’s works council chief ...