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    Home > Finance > Talks between VW, unions over cuts continue into Wednesday, sources say
    Finance

    Talks between VW, unions over cuts continue into Wednesday, sources say

    Published by Global Banking & Finance Review®

    Posted on December 18, 2024

    1 min read

    Last updated: January 27, 2026

    This image features the Volkswagen logo alongside factory workers, highlighting the company's announcement of over 10,000 job cuts as reported by Manager Magazin. The layoffs reflect significant changes in the automotive industry and impact on the workforce.
    Volkswagen logo with a backdrop of factory workers - Global Banking & Finance Review
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    Quick Summary

    Volkswagen and unions continue negotiations over German operation cuts, seeking a resolution before Christmas. Talks have extended into Wednesday.

    Volkswagen and Unions Extend Talks on German Cuts

    BERLIN (Reuters) - Talks between Volkswagen and unions on cuts to its German operations continued through the night and into Wednesday, according to two sources familiar with negotiations, as the sides battle to reach a solution before Christmas.

    (Reporting by Victoria Waldersee, editing by Rachel More)

    Key Takeaways

    • •Volkswagen and unions are negotiating cuts to German operations.
    • •Talks have extended into Wednesday, aiming for a pre-Christmas resolution.
    • •The negotiations are crucial for VW's future operational strategy.
    • •Sources familiar with the matter provided the information.
    • •The outcome may impact VW's workforce and operational efficiency.

    Frequently Asked Questions about Talks between VW, unions over cuts continue into Wednesday, sources say

    1What is the main topic?

    The main topic is the ongoing negotiations between Volkswagen and unions over cuts to its German operations.

    2Why are the talks significant?

    The talks are significant as they aim to reach a resolution before Christmas, impacting VW's operational strategy and workforce.

    3Who are involved in the negotiations?

    The negotiations involve Volkswagen and unions representing its German operations.

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