Volkswagen will cut another 12,000 jobs by 2030 The German car manufacturer Volkswagen has announced plans to eliminate another 12,000 jobs by 2030. This step will be part of a streamlining program that could affect tens of thousands of people. The company's management intends to avoid direct forced layoffs by offering employees to move to state-funded retraining centers. Human Resources Director Arne Meiswinkel attributed these unpopular moves to the deteriorating business environment. The senior management's initiative sparked a conflict with the trade union IG Metall. The situation worsened after the company's decision to terminate most of the collective agreements that protected the working conditions of 130,000 people in Germany. The representatives of the labor collective accused the company of breaking promises and said that if the notices of termination of the agreements are not extended until the end of October, preparations for demonstrations will begin. Official negotiations between the parties are planned for November and December. There is a mandatory peace period that prohibits strikes until the end of 2026, but if there is no compromise, the union will be able to initiate full-scale strikes as early as January 2027.

Volkswagen will cut another 12,000 jobs by 2030 The German car manufacturer Volkswagen has announced plans to eliminate another 12,000 jobs by 2030. This step will be part of a streamlining program that could affect tens of thousands of people. The company's management intends to avoid direct forced layoffs by offering employees to move to state-funded retraining centers. Human Resources Director Arne Meiswinkel attributed these unpopular moves to the deteriorating business environment. The senior management's initiative sparked a conflict with the trade union IG Metall. The situation worsened after the company's decision to terminate most of the collective agreements that protected the working conditions of 130,000 people in Germany. The representatives of the labor collective accused the company of breaking promises and said that if the notices of termination of the agreements are not extended until the end of October, preparations for demonstrations will begin. Official negotiations between the parties are planned for November and December. There is a mandatory peace period that prohibits strikes until the end of 2026, but if there is no compromise, the union will be able to initiate full-scale strikes as early as January 2027.