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VW's German workers to strike from Monday

The article from Yen.com.gh discusses a strike by workers at Volkswagen (VW) in Germany, set to occur on Monday. This industrial action stems from ongoing wage negotiations between VW's management and the IG Metall union, representing approximately 120,000 employees. The union is pushing for a 15% wage increase over the next year, citing the company's strong financial performance and the need to address rising living costs. However, VW has countered with an offer of a 5% raise in two stages, plus one-time payments. The strike is planned to last 24 hours, affecting production at VW's main plant in Wolfsburg and other facilities, potentially disrupting the production of key models like the Golf, Tiguan, and electric vehicles. This action underscores the broader labor tensions in Germany's automotive sector amidst economic recovery and inflation concerns.

Read the Full Yen.com.gh Article at:
[ https://yen.com.gh/business-economy/272403-vws-german-workers-strike-monday/ ]