Worker representatives disclosed the plan, which would affect 660,000 employees globally through 2030, as new salary negotiations begin in Germany. The proposal sets up a direct confrontation with labor unions at the struggling automaker.
Tuesday, October 20, 2026
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Volkswagen Plans Pay Freeze for 660,000 Workers Through 2030
Business2 days ago
The German manufacturer is proposing to stop wage increases for its international staff, a move that would reduce real earnings by around 10% when adjusted for inflation. This initiative also includes reductions in headcount and cuts to employee benefits and bonuses.
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