The dismissal of 35,000 Volkswagen employees in Germany has been finalized
reported by Mehr reporter quoted by Reuters, based on the agreement of the Nodi minutes between the officials of the German Volkswagen automobile company and the workers’ union of this company, soon 35 thousand Some of the employees of Volkswagen are fired.
Volkswagen trade union managers referred to this agreement as a “Christmas miracle” and announced that this The agreement was reached after 70 hours of negotiations. It is said that the recent negotiations and tensions between the employees and managers of Volkswagen, as the largest automobile company in Europe, have been unprecedented in the company’s 87-year history.
On the one hand, Volkswagen has been ordered not to close its factories, and on the other hand, it has withdrawn from the 10% reduction in workers’ salaries.
While the value of Volkswagen shares had decreased by 23% since the beginning of 2024, the release of news related to this agreement and the carmaker’s escape from a costly strike by workers led to a growth of 2. 4% of its shares.
Disagreements between Volkswagen and its workers have escalated since September, when the carmaker announced its decision to lay off workers and close a number of factories, causing workers to strike at several of the company’s factories. go on strike Volkswagen says it has to lower costs to compete with cheap Chinese cars.