Volkswagen asked its workers to take a 10-percent pay cut on Wednesday, arguing it was the only way that Europe’s biggest carmaker could save jobs and remain competitive as profits plunged to a three-year low and union bosses threatened strikes.
Home » VW demands 10% wage cuts to save jobs as profits plunge
Volkswagen asked its workers to take a 10-percent pay cut on Wednesday, arguing it was the only way that Europe’s biggest carmaker could save jobs and remain competitive as profits plunged to a three-year low and union bosses threatened strikes.