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VW Cuts 7,000 Jobs as Q1 Profit Tumbles Over US Trade Tensions

VW Cuts 7,000 Jobs as Q1 Profit Tumbles Over US Trade Tensions

Volkswagen AG has implemented workforce reductions of approximately 7,000 positions across Germany since its late-2023 cost-saving efforts, according to Chief Financial Officer Arno Antlitz during an announcement following the firm's unsatisfactory first-quarter results. The company

VW Nears Labor Deal Over Historic Strikes, Eyes Plant Preservation

VW Nears Labor Deal Over Historic Strikes, Eyes Plant Preservation

After months of hard bargaining with the labor unions, Volkswagen has emerged close to striking a major deal with German unions in order to avoid subsequent mass strikes that have already twice resulted in the

VW Exits Xinjiang Operations, Extends Partnership with SAIC Over Regional Controversy

VW Exits Xinjiang Operations, Extends Partnership with SAIC Over Regional Controversy

The world’s biggest automobile maker Volkswagen (VW) is set to cut operations in the Xinjiang region in China due to pressure and concerns on human rights. The carmaker will sell the plant to the state-owned

VW Workers Vote to Join UAW: A Landmark Victory for Organized Labor

VW Workers Vote to Join UAW: A Landmark Victory for Organized Labor

VW Workers Vote to Join UAW - In a historic decision, workers at a Volkswagen plant in Tennessee have voted overwhelmingly to join the United Automobile Workers (UAW) union, marking a significant win for organised