The next round of collective bargaining talks at Volkswagen is scheduled for Thursday. The works council and IG Metall trade union announced that they will propose a salary cut, among other things, to reduce costs, prevent redundancies, and subsequent plant closures.
Rather cutting salaries from the workers perhaps cut the bonuses from the Missmanagement?
Also dividends.
That the union is proposing this is really infuriating.
Read a bit closer, this is not a wage cut, it is raising wages, but using a bit of financial trickery and an amazing spin to sell it as wage cuts.