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Volkswagen, unions still locked in talks over plant closures, pay cuts, sources say
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Volkswagen, unions still locked in talks over plant closures, pay cuts, sources say
Dec 18, 2024 8:07 PM

HANOVER, Germany, Dec 19 (Reuters) - Talks between

Volkswagen and labour unions over plant closures and

pay cuts are expected to last well into Thursday as both sides

have still not reached a deal, according to two people familiar

with the matter.

Talks have continued since Monday in the hope of reaching an

agreement before Christmas to avert massive strikes that the IG

Metall union has warned could start as soon as next year.

Talks could still fall apart, the people said.

Volkswagen declined to comment.

IG Metall was not immediately available for comment.

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