7 hours agoNearly 100,000 Volkswagen workers joined the strike
Periskopi(2 years ago)
(2 years ago)A strike day in almost all factories of German giant Volkswagen in Germany ended on Tuesday morning, while the labour union has said nearly 100,000 workers have joined the protest. The strike has been called by the union to protest warnings of pay cuts, closure of several factories and reduction of [...]
The strike has been called by the union to protest warnings of pay cuts, closing several factories and reducing the number of workers in Volkswagen, Europe's largest company for auto production.
Company chiefs, on the other hand, have reiterated that spending cuts are necessary, so that the company will remain competitive to market, to increase profits, and they will then be invested in future vehicles, including electric ones.
Volkswagen has faced a decline in international demand and growth, especially from Chinese markets.
The German giant has had difficulty launching and advertising electric car models, reports the REL.
Leaders of the workers' union have said that this is the first warning against the company's severe management plans and that if demands are not taken into account, protests will occur again during the winter.
