As part of its cost-cutting programme, German automobile giant Volkswagen sent a letter to IG Metall denouncing several collective agreements, including the one on job security. This ‘historic’ agreement was signed in 1994 at the end of Volkswagen’s last major crisis in the mid-1990s, a period when the company was severely overstaffed. The social partners negotiated a switch to a four-day working week, accompanied by a pay cut and a job guarantee that had been regularly renewed for 30...
Germany: Volkswagen terminates collective agreement on job security in force for 30 years
Volkswagen management has formally terminated a number of collective agreements, including the job security agreement, which has been in force since 1994 and is valid until 2029. Redundancies may be planned from July 2025. Negotiations will begin in the coming days.
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