Volkswagen and IG Metall Gear Up for Critical Wage Negotiations

The fifth round of talks, set for next week in Hannover, could determine the future of wages, jobs, and factory operations for 130,000 employees.

Volkswagen is pushing for a 10% wage cut and the removal of bonuses and allowances, citing financial difficulties.
IG Metall is demanding job security, the preservation of all factory locations, and a rejection of permanent wage reductions.
The fifth round of negotiations, scheduled for two days in Hannover, is seen as pivotal after four inconclusive meetings earlier this year.
Union leaders have warned of potential escalation in 2025 if no agreement is reached before the end of the year.
Previous talks in Wolfsburg were marked by protests and strikes, underscoring the tensions surrounding the dispute.