VW, unions hopeful of deal
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A deal seems to be taking shape in wage talks between Volkswagen and the IG Metall metalworkers union, the head of the works council at Europe&#39;s biggest carmaker said Wednesday.
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Workers at Volkswagen's German plants have started a series of small scale strikes as the carmaker continues to discuss cost-cutting plans with unions.
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FRANKFURT -- Automaker Volkswagen AG said yesterday there is ''no room&quot; for wage increases as it prepares for pay talks with Germany's largest industrial union, and detailed proposals to trim labor costs by cutting paid breaks and increasing flexible working time.
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Volkswagen AG has warned its German workers that more than 30,000 jobs could be lost if they don't agree to a pay freeze and other concessions, raising the stakes ahead of negotiations due to start next week.
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Volkswagen, Europe's largest carmaker, has become the latest German firm to try to take on unions as it seeks to make major cost cuts.
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Representatives from Volkswagen AG and Germany's biggest industrial union said Friday they had agreed to increase working hours at plants in western Germany by more than four hours a week to 33 hours without any increase in pay.
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The IG Metall union pledged its determination to prevail in what is expected to be turbulent salary negotiations this week with car manufacturer Volkswagen, which is demanding large sacrifices from employees.
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Europe&#39;s biggest carmaker said 30,000 jobs could be cut in Germany if unions do not agree to cost-cutting plans. Volkswagen is pushing for a wage freeze and more flexibility in working hours to counteract falling sales.
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Volkswagen AG, Europe's biggest automaker, said Friday it was open to labor union demands for job guarantees if employees agree to work longer for the same pay.
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Staff at three VW factories start a series of small scale warning strikes, as the carmaker continues talks with unions over cost-cutting plans.
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A labor union agreed Monday to enter talks with Volkswagen AG on its demand that employees work longer for no extra pay at factories in Germany.
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Top managers of German car giant Volkswagen were aware of a system set up to provide labour leaders with favours in exchange for peaceful relations, witnesses told a court here Tuesday.
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Negotiators from Volkswagen AG and Germany's biggest industrial union held a new round of wage talks Thursday, with the union threatening a flurry of short warning strikes if it doesn't get the job guarantees and wage increases it is demanding.
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Volkswagen AG said Monday there is &quot;no room&quot; for wage increases as it prepares for pay talks with Germany&#39;s largest industrial union, and announced plans to trim labor costs by cutting paid breaks and increasing flexible working
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Volkswagen demanded a two-year wage freeze for the 170,000-strong workforce at Europe&#39;s biggest car maker yesterday, provoking union warnings of imminent conflict at key pay and conditions negotiations.
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Volkswagen AG and metalworkers union IG Metall both dug in their heels on Sunday before increasingly bitter wage talks resume that could lead to the first strike ever at Europe&#39;s biggest carmaker.
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Volkswagen challenged its workers with a tough wage plan on Monday ahead of talks seen as a gauge of their readiness to favor job security over pay