At the end of the “longest negotiations in the history of the Volkswagen group” (four meetings and 70 hours for the final negotiations), the social partners of the VW brand found a compromise three days before Christmas for a crisis agreement that will see the automobile giant’s Dresden plant close as well as a massive reduction in the manufacturer’s German workforce (currently 120,000 employees). The agreement, however, avoids outright redundancies and a general reduction in wages of 10%, and
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As a Berlin correspondent for the French and Swiss press since the late 1990s, I cover a wide range of economic, political and social issues, with a particular focus on the German business and labour market. My areas of interest include co-determination, digitalisation, demographics and ESG/DEI policies.