Porshe, VW workers at daggers drawn in German takeover drama
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Friction is mounting between German automaker Porsche and workers at Volkswagen, where employee representatives fear losing their influence if VW is swallowed up by Porsche.
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Shares in Volkswagen VOWG.DE fell   more than 2 percent on Monday ahead of a vote by German   metalworkers union IG Metall on whether to reopen its contract   with Europe's biggest carmaker.
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Volkswagen and its workers launched crucial wage negotiations Wednesday that will seriously test the tradition of close labor-management collaboration at the automaker as it struggles with shrinking earnings and tougher global competition.
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Volkswagen again threatened to move jobs abroad as management sat down with unions to resume wage talks at a time when Europe's biggest car maker is seeking to impose controversial and painful cost cuts on its workforce.
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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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Volkswagen VOWG.DE and its German   workers union are set to resume critical talks over planned   wage cuts on Friday, overshadowed by a threat from its   influential works council chief to break off the talks if no   immediate progress is made.
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Around 3,500 employees of German auto giant Volkswagen have taken voluntary redundancy since the beginning of the year as part of the group's massive restructuring programme, VW chairman Bernd Pischetsrieder has revealed.
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Volkswagen and its workers headed into crucial wage negotiations Wednesday that will seriously test the tradition of close labor-management collaboration at the automaker as it struggles with shrinking earnings and tougher global competition.
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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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Automaker Volkswagen AG and Germany&#39;s biggest industrial union said Tuesday they have made some progress in difficult pay negotiations, but were cautious on prospects of a quick deal in talks that were marked by worker protests.
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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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Volkswagen&#39;s labor negotiations in Germany began Wednesday with union demands for raises and job guarantees and company calls for a two-year pay freeze.
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Volkswagen enters a fresh round of talks with its workers on Tuesday but analysts say little headway is likely as unions protest against the carmaker's threats to axe more than 30,000 employees in Germany.
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Volkswagen and its union traded threats Wednesday ahead of renewed wage talks, with several thousand workers staging short work stoppages and the German carmaker&#39;s personnel chief warning of dramatic job cuts if the company doesn&#39;t get cost
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Volkswagen AG, Europe&#39;s largest carmaker, wants German workers to agree to a two-year wage freeze to cut costs amid a stagnating market in place of the 4 percent yearly raise unions are demanding.
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Some of Germany's best-known and highly respected companies, including Siemens and Volkswagen, have hit the headlines this week in corruption scandals that threaten to tarnish Germany's squeaky clean business reputation.
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German carmaker Adam Opel AG told a group representing workers that it wanted to cut wages and benefits and change working hour arrangements, employee representatives said Wednesday.