Because of the crisis, IG Metall expects difficult collective bargaining negotiations for the approximately 125,000 Volkswagen employees. According to the district head of the union, Thorsten Gröger, difficult negotiations with the other side are on the horizon. VW’s internal collective agreement talks will begin on October 25 in Braunschweig. The union is demanding 8 percent more in taxes for VW, as is the case for the entire German steel and electronics industry. From VW’s side, however, signals go out that the successful balance sheets are not the reason for the wage increase. VW CFO Arno says that VW employees already receive an annual bonus that is primarily based on operating profit and that the current price increase is more than a temporary thing. In total, negotiations are being held for key employees of VW’s six West German locations in Braunschweig, Emden, Hanover, Kassel, Salzgitter and Wolfsburg, as well as some subsidiaries.
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