At the beginning of October, Volkswagen asked human resources managers across its global subsidiaries to plan for a wage freeze until 2030, meaning “zero years” with no pay increases whatsoever. The measure potentially affects the group’s roughly 660,000 employees. First revealed by the newspaper Süddeutsche Zeitung on 19 October, the information was confirmed by group management following a request from Volkswagen’s European and World Works Councils. In addition to a restructuring plan current
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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.