Mexican Media Brands
VW, Works Council Reach Accord on Labor Cuts
Bernd Osterloh, Volkswagen AG board member who heads the company’s powerful works council, says his long-running dispute with VW brand chief Herbert Diess about how to cut costs has been settled.
#workforcedevelopment #labor
Share
Bernd Osterloh, Volkswagen AG board member who heads the company’s powerful works council, says his long-running dispute with VW brand chief Herbert Diess about how to cut costs has been settled.
“Now we have consensus,” Osterloh tells Handelsblatt. “All participants have the goal to enter calmer waters.”
Diess arrived from BMW AG in 2015 to lead an aggressive cost-cutting plan for the brand that includes reducing the workforce through attrition. Osterloh complained that Diess seized on VW’s diesel emission cheating crisis to accelerate the pace of cutbacks agreed to last November.
VW brand operations have trimmed its workforce by about 2,000 workers since the beginning of 2015, according to Osterloh. He notes the company also plans efficiency moves that will save some €10 billion per year.
RELATED CONTENT
-
UPDATE: Unifor Ratifies GM Labor Pact by 86% Margin
Hourly workers at General Motors Co.’s CAMI assembly plant in Ingersoll, Ont., will vote today whether to accept an agreement to end a strike they began on Sept. 17.
-
GM Unit Stresses Driver Training in Autonomous Cars
General Motors Co.’s Cruise Automation unit says it puts backup drivers and auditors through extensive training before allowing them to participate in real-world autonomous vehicle tests.
-
On a Baby Bugatti EV, a Hybrid Boat and the Future of Works
On the diminutive electric Bugatti you didn’t know you wanted; interesting predictions about apps, electrification and data; a Scandinavian hybrid tourist boat development; the VW Arteon sedan; and employment considerations in car plants as a result of electrification