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

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


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 either side have truly nonetheless not gotten to a cut price, in line with 2 people conscious of the difficulty.

Talks have truly proceeded provided that Monday within the hope of attending to an association previous to Christmas to keep away from giant strikes that the IG Metall union has truly cautioned can start as rapidly as following 12 months.

Talks can nonetheless crumble, people said.

Volkswagen decreased to remark.

IG Metall was not instantly available for comment.

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



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