In the wage dispute at Volkswagen, IG Metall wants to comment on the status of negotiations. After five days of negotiations, the union is holding a press conference at the negotiating venue in Hanover at 6.30 pm on Friday evening. No further details were initially known.
VW and IG Metall had set themselves the goal of reaching an agreement by Christmas despite their widely divergent positions. Since Monday, representatives of Volkswagen and IG Metall have been struggling in a hotel to find a solution to the dispute over wage cuts, plant closures and redundancies. Participants recently spoke of progress in the negotiations, but not yet of an agreement. According to reports in "Bild" and "Handelsblatt", the VW Supervisory Board was to discuss the issue in the afternoon.
The main points of contention are the plant closures and compulsory redundancies brought into play by VW. IG Metall had described both as "red lines" that should not be crossed. The union also rejected the across-the-board wage cut of ten percent demanded by VW.
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