Volkswagen Unions Begin Short Strikes and Threaten More

Published On Dec 2, 2024, 9:26 AM

Workers at Volkswagen's German factories have intensified their labor protest, walking off the job for hours as they demand job security amidst the company's push for cost reductions, including proposed wage cuts and factory closures. The union IG Metall has warned of extended strikes if negotiations fail. Volkswagen is facing declining demand in Europe and Asia and increasing competition from Chinese automakers, which complicates its situation as it seeks to return to profitability.