Inflation has fallen to its lowest level since early 2021. But that’s still unlikely to translate into a rate cut when the RBA meets next week.
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Volkswagen has asked its German workers to accept a 10 per cent pay reduction in a bid to cut costs and protect itself into the future.
Inflation has fallen to its lowest level since early 2021. But that’s still unlikely to translate into a rate cut when the RBA meets next week.
German carmaker Volkswagen has been forced to consider plant closures, termination of employee protections agreed with unions, and other cost-cutting...
Europe’s largest carmaker tells works council it would slash pay by 10%
VW is in dire straits having to cut costs at every corner amid dwindling sales. As VW workers are demanding higher wages and job security, management...
VW is in dire straits with management saying it has to cut costs at every corner amid dwindling sales. As VW workers are demanding higher wages and...
The carmaker also plans to shut down at least three factories in Germany in a bid to lower costs, according to its Works Council head Read Full...
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