The group’s CEO judges the agreement reached with the unions positively

The staff reduction agreed in the agreement with Ig Metall corresponds to the closure of “2 or 3 large factories”. Volkswagen Group CEO Oliver Blume said this in an interview with Frankfurter Allgemeine Zeitung. Volkswagen, under the agreement, excludes dismissals against the will of the worker until 2030; at the same time, again between now and 2030, there will be 35,000 people leaving work in “socially responsible” ways, equal to a reduction of approximately 30% of the workforce; there will be no bonuses, however the monthly pay levels will not be affected.

lots of work to do

The agreement “is good news” for Volkswagen, the manager said, but “there is still a lot of work to do, especially in terms of costs”. “Germany needs a rebirth, to get out of the emergency lane and return to the fast lane” said Blume, listing some of the conditions necessary for the relaunch of the German economy and Volkswagen: “Reduce costs, reduce bureaucratic obstacles, have low-cost energy and security around subsidy commitments.”

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