financetom
Business
financetom
/
Business
/
Volkswagen labour representatives vote for limited strikes from early December
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Volkswagen labour representatives vote for limited strikes from early December
Nov 22, 2024 5:53 AM

BERLIN (Reuters) - Volkswagen labour representatives have voted for limited strikes from early December, according to a statement from regional IG Metall trade union on Friday.

Immediately after a third collective bargaining session at the Volkswagen headquarters in Wolfsburg, the IG Metall wage commission unanimously voted in favour of warning strikes from the beginning of December, said the statement.

As a result, industrial action will follow, which will put the company under massive pressure, it added.

(Reporting by Miranda Murray, editing by Thomas Seythal)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TransUnion to Acquire Majority Ownership of Trans Union de Mexico
TransUnion to Acquire Majority Ownership of Trans Union de Mexico
Jan 16, 2025
07:01 AM EST, 01/16/2025 (MT Newswires) -- TransUnion ( TRU ) said Thursday that it has agreed to acquire majority ownership of Trans Union de Mexico. TransUnion ( TRU ) said it currently owns 26% of Trans Union de Mexico and has agreed to acquire an additional 68% from selling shareholders for $560 million in cash, increasing its ownership to...
K92 Mining Makes Management Changes
K92 Mining Makes Management Changes
Jan 16, 2025
07:03 AM EST, 01/16/2025 (MT Newswires) -- K92 Mining ( KNTNF ) on Thursday promoted Heidi Grobler to vice president of human resources role and made other management changes. The company appointed Stanley Komunt to the role of general manager, external affairs designate, who will take over from Mark Schubert when he retires later this year. Andrew Kohler got promoted...
U.S. Bancorp's Q4 Adjusted Earnings, Revenue Rise
U.S. Bancorp's Q4 Adjusted Earnings, Revenue Rise
Jan 16, 2025
06:56 AM EST, 01/16/2025 (MT Newswires) -- U.S. Bancorp ( USB ) reported Q4 adjusted earnings Thursday of $1.07 per diluted share, up from $0.99 a year earlier. Analysts polled by FactSet expected $1.05. Revenue for the quarter ended Dec. 31, expressed as the sum of net interest income and noninterest income, was $6.98 billion, compared with $6.73 billion a...
BofA profit jumps on investment banking, trading boost
BofA profit jumps on investment banking, trading boost
Jan 16, 2025
Jan 16 (Reuters) - Bank of America BAC.N reported higher profit on Thursday as its investment bankers capitalized on resurgence in dealmaking in the fourth quarter while the lender predicted it would earn more interest income in 2025. The earnings mirror those of rivals across Wall Street including JPMorgan ( JPM ), Goldman Sachs ( GS ), Wells Fargo (...
Copyright 2023-2026 - www.financetom.com All Rights Reserved