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The Latest Breaking News from IG Metall

Porsche to Cut 5,000 More Jobs Amid China Slowdown and Weak EV Demand, Total Nears 9,000

Porsche to cut 5,000 additional jobs by 2035 amid declining demand and competition, while investing $2.39 billion in key facilities and site protection to protect profitability and navigate industry shifts.

International Business Times UK

VW chief confirms plan to cut 50,000 jobs as board rejects plant closures

Oliver Blume tells staff restructuring proposal includes ‘controversial decisions’ but he has broad support

The Guardian - UK

Volkswagen risks 'major conflict' with staff over cost-cutting drive, union warns

Chief Executive Oliver Blume is considering cutting 100,000 jobs worldwide, around 16% of Volkswagen's global workforce, and closing three Volkswagen plants in Germany as well as one Audi factory,

Euronews

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Volkswagen faces crunch talks over 100,000 job cuts and factory closures

German auto giant Volkswagen's management meets Thursday to discuss plans for what could be the biggest ever restructuring in the global auto industry, with unions set to protest any mass job cuts.

Euronews

Unions to protest as Volkswagen thrashes out job cut plans

German auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global auto industry, with unions set to protest any mass job cuts. IG Metall is organising protests by VW workers outside plants across the country Thursday, when the carmaker's…

The Economic Times

Mercedes-Benz Workers Protest Plan to Make Them Work 260 More Hours a Year for Free

Mercedes-Benz workers in Germany protest against a proposal to increase the work week from 35 to 40 hours without extra pay, amid cost-cutting measures by the company.

International Business Times UK

Volkswagen labour leaders stand by 'red line' on plant closures

In a firm stand against potential factory closures in Germany, Volkswagen's labor representatives have voiced their commitment to preserving jobs. While they acknowledge the need for discussions about less active production sites, their position is grounded in a 2024 restructuring agreement.

The Economic Times

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Union fails to win control of works council at Tesla’s German factory

IG Metall says it will continue fighting for workers’ rights despite failing to win majority on employee body

The Guardian - UK

Union tries to seize control of works council at Tesla’s German factory

Lawsuits and slander claims fly in IG Metall’s battle with Elon Musk over employment rights and conditions

The Guardian - UK

Billions at stake: Chancellor Merz backs European patriotism for steel

If German steel production moves abroad, researchers warn this could result in a loss of up to €50 billion per year in value added.

Euronews

Ford Is Spending Billions to Save Itself in Europe

Ford Motor Company announced Monday it's investing billions of dollars to transform its European operations. The automaker said it wants to reduce costs and increase its competitiveness on the continent.

Motor1

Volkswagen Strikes a Deal With Union, Won't Close Factories After All

Volkswagen won’t have to close any of its factories in Germany after all. The automaker has reached an agreement with its IG Metall union that will keep all 10 of the automaker’s plants open in its home country. The automaker is also guaranteeing its workers jobs until the end of…

Motor1

German VW Workers Kick Off Second Round Of Strikes

Thousands of Volkswagen workers walked out on Monday in the second round of strikes in the escalating conflict between unions and management over the German carmaker's drastic savings plans.

International Business Times

Tesla Leans Hard On The Tax Credits That Elon Musk Wants To Cut

It's a hypocrisy of epic proportions. A company led by a CEO who vehemently opposes federal incentives is now leveraging them aggressively as 2024 draws to a close. Tesla CEO Elon Musk supports ending the consumer EV credits, arguing they would ultimately benefit his company and hurt competitors—but as the year…

InsideEVs

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The Independent UK

Volkswagen workers stage mass protest across Germany

Volkswagen employee representatives say workers should not bear the brunt of management’s failure to produce appealing products

Benzinga

Volkswagen Faces Fierce Labor Pushback Over Factory Closures, Wage Cuts

Volkswagen workers in Germany strike over job and wage cuts, escalating tensions with management and facing headwinds from EV demand and competition

The Independent UK

Volkswagen workers hold 2-hour strikes to push back against proposed pay cuts and plant closures

Volkswagen workers have launched rolling two-hour strikes at nine plants across Germany to underscore their resistance to pay cuts and factory closures

The Guardian - UK

Volkswagen workers in Germany to strike over plan to cut jobs and pay

Employees take action over plans to axe at least three plants in first domestic closures in company’s 87-year history

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International Business Times

Thousands To Strike At Volkswagen's Germany Plants

Thousands of Volkswagen workers were to go on strike Monday in an escalating industrial dispute at the crisis-hit German auto giant with thousands of jobs at stake.

International Business Times

VW's German Workers To Strike From Monday

Workers at German factories for carmaker Volkswagen are to go on strike from Monday over plans to cut thousands of jobs, union IG Metall said Sunday.

International Business Times

Volkswagen Workers Head Towards Strikes From December

Volkswagen workers in Germany took a step closer to strike action on Thursday, after unions and management met for the third round of talks over the ailing carmaker's drastic cost-cutting plans.

International Business Times

Volkswagen Sees 'Painful' Cost Cuts Ahead As Profit Plunges

Ailing auto giant Volkswagen warned Wednesday that "painful" cost cuts were unavoidable as third-quarter profit plummeted, fuelling tensions with unions which fear mass job losses and factory closures on home turf Germany.

Fortune

German Tesla managers are visiting the homes of sick workers to ‘appeal to the employees’ work ethic,’ factory boss says

Unionized workers claim poor conditions are responsible for employees calling out sick.

The Guardian - UK

Tesla home checks on workers on sick leave defended by boss in Germany

Carmaker wants to ‘appeal to employees’ work ethic’ but move prompts outrage from plant’s union

International Business Times

Volkswagen Starts Key Pay Talks With Unions Amid Potential Plant Closures

Volkswagen is about to start discussions with unions over pay in the midst of possible plant closures.

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