BERLIN (Reuters) - A reduction in managers' bonuses at Volkswagen will lead to a 10% pay cut for the next two years, the Sueddeutsche Zeitung newspaper reported on Sunday, after the German ...
Under a plan to cut bonuses, managers at Volkswagen (VW) are set to see their pay cut 10 percent 2 years in a row, according to report in the Sueddeutsche Zeitung on Sunday. The measures are under a ...
Volkswagen managers will face a two-year 10% pay cut due to reduced bonuses, as part of a deal with unions to cut jobs and production. The agreement, aimed at preventing strikes, includes over 35,000 ...
BERLIN, Dec 22 (Reuters) - A reduction in managers' bonuses at Volkswagen (VOWG_p.DE), opens new tab will lead to a 10% pay cut for the next two years, the Sueddeutsche Zeitung newspaper reported ...
Volkswagen managers will see significant bonus ... German sources indicate that managers will give up bonuses equivalent to 10% of their income in 2025 and 2026. In the following three years ...
The reduction will apply to May bonus payments, leading to the 10% pay cut in 2025 and 2026 for 4,000 managers, the newspaper said. In the following three years, their pay will fall by 8%, 6% and ...
Volkswagen is making significant moves to reduce ... Manager bonuses will be slashed as part of the deal, leading to a 10% salary reduction over the next two years. The pay cuts will begin with ...
BERLIN (Reuters) - A reduction in managers' bonuses at Volkswagen will lead to a 10% pay cut for the next two years, the Sueddeutsche Zeitung newspaper reported on Sunday, after the German carmaker ...
“It means that at least the vehicles destined for the important North American market could be built at Volkswagen’s US plant in Chattanooga from the next decade,” the article states. If “at least” ...