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Volkswagen Rejects Employee Consolidation Plan Amid Cost-Saving Discussions

Volkswagen’s management has dismissed the employee-side proposal for corporate consolidation aimed at achieving cost savings of 1.5 billion euros, arguing that it does not provide sufficient financial relief. The IG Metall union expressed disappointment, feeling that their constructive suggestions were overlooked. The ongoing labor negotiations are tense, with the threat of strikes looming as Volkswagen insists on salary reductions while rejecting any wage increases. Discussions are scheduled to resume on December 9, with potential strikes starting from December 1.

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