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Maroc Maroc - NEWMOBILITY.NEWS - A La Une - 11/Sep 10:15

Volkswagen bites back 30-year-old employment guarantee

Tensions with unions are rising in Wolfsburg. Volkswagen has announced the termination of a 30-year-old job security agreement, signaling a significant shift in its labor policies and setting the stage for potential layoffs starting next July. Declining car sales, a disappointing return on investment over low EV adoption, and increased competition are the main culprits. The job security agreements were intended to protect employees until 2029. Continue reading at newmobility.news.

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