Article Abstract:
A comprehensive agreement was reached by Volkswagen (VW) with IG Metall Trade Union, which guarantees all jobs at VW's six plants until December 2011 in exchange for zero wage round and more working time flexibility. VW will go ahead and reduce half of its planned 30% of German costs. Analysts and industry have welcomed the agreement, which they hope will become the auto industry benchmark.
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Article Abstract:
An innovative labor agreement has been signed by Volkswagen AG and its labor union. There are provisions concerning training, work time, and pay, and the contract also enables Volkswagen to open an new production facility.
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Article Abstract:
Highlights of Auto 5000 agreement between Volkswagen AG, IG Metall and works council are presented. The agreement aims at providing jobs for unemployed workers in manufacturing facility of Volkswgen in Germany.
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