The management of the Volkswagen company has started negotiations with union representatives about wages in the shadow of the announcement of layoffs and closing of factories in Germany.
The influential IG Metal union has vowed to fight any job cuts and negotiate new contracts for Volkswagen’s 130,000 workers in Germany, reports Reuters.
The negotiations are being held in Herrenhausen Castle in Hanover, he says Tanjug.
Volkswagen says it is at a disadvantage compared to competition from other European countries and China due to high energy and labor costs in Germany and claims that spending cuts are inevitable.
“We have to work on the restructuring of our company. The situation is serious,” said Volkswagen brand chief Arne Majswinkel.
The German business portal Manager reported last week that Volkswagen wants to eliminate up to 30,000 jobs in Germany and significantly reduce investments.
According to reports, supporters of radical measures in the management of Volkswagen expect the number of workers to drop from the current 130,000 by almost a quarter.
“The economic environment has worsened again, new suppliers are coming to Europe. In addition, Germany is particularly lagging behind in terms of competitiveness. We as a company now have to act consistently in this environment,” said Volkswagen CEO Oliver Blume recently.
Source: Tanjug.rs / Reuters
Photo: Archive Autoblog.rs / Volkswagen
Source: autoblog.rs
