Volkswagen, unions nonetheless secured talks over plant closures, pay cuts, assets declare

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    HANOVER, Germany (Reuters) – Talks in between Volkswagen and work unions over plant closures and pay cuts are anticipated to final effectively proper into Thursday as each side have really nonetheless not gotten to a suggestion, in accordance with 2 people educated concerning the difficulty.

    Talks have really proceeded on condition that Monday within the hope of attending to a contract previous to Christmas to keep away from huge strikes that the IG Metall union has really cautioned would possibly start as rapidly as following yr.

    Talks would possibly nonetheless crumble, people acknowledged.

    Volkswagen decreased to remark.

    IG Metall was not rapidly available for comment.

    (Reporting by Christina Amann; Writing by Maria Martinez; Editing by Christoph Steitz and Shri Navaratnam)



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