VW Freezes Salaries to 2030, 100K Jobs at Risk in Cost-Cutting Drive
Published 9 h ago4 sourcesEvidence: Reported
Volkswagen's Global Workers' Council says it has internal information that the executive board plans to freeze salaries until 2030. The claim, if confirmed, signals deep cost-cutting amid the company's ongoing restructuring and EV transition, potentially affecting labor relations and operational stability. The plan is not yet officially confirmed by management, and the scope and exceptions remain unclear.
Published 9 h ago4 sourcesEvidence: Reported
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