Volkswagen Wage Cuts Proposed
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German automaker VolkswagenDPA International
•Volkswagen labour union proposes salary cuts to avoid lay-offs
67% Informative
Labour groups at German automaker Volkswagen propose wage cuts in order to avoid plant closures and mass lay-offs.
Volkswagen management cancelled a decades-old job security deal in September .
Management has reportedly sought a 10% across-the-board pay cut for its German workforce.
Labour representatives have vowed to stage massive resistance to any closures or mass layoffs.
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