Volkswagen goes head-to-head with workforce over proposed company cuts

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Volkswagen goes head-to-head with workforce over proposed company cuts

) management will face a tense and fearful workforce at a meeting in its headquarters on Wednesday as it proposes painful cuts, including factory closures in Germany, to hit an ambitious profit target at its namesake brand.

Cavallo warned emotions will run high and management will be"very uncomfortable" at the meeting, expected to last several hours. But the union, one of Germany's mightiest labour stakeholder groups with seats on Volkswagen's supervisory board, cannot imagine starting negotiations without the company taking its threat to close down plants off the table, he warned in an interview.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 450. in BE

Belgique Dernières Nouvelles, Belgique Actualités