IG Metall and VW Works Council Present Future Plan: Prospects for All Locations without Factory Closures and Mass Layoffs
Negotiated Future Pact Between IG Metall and VW Works Council
IG Metall and the Volkswagen (VW) Works Council have agreed on a future pact that secures the future of all VW locations in Germany without factory closures or mass layoffs. The pact includes a comprehensive package of measures to transform the company's production towards e-mobility and digitalization.
Securing Employment and Future Viability
The future pact focuses on securing employment and ensuring the future viability of all VW locations. The company will invest billions in e-mobility and digitalization, creating new jobs and safeguarding existing ones. The pact also includes measures to qualify employees for the future challenges of the automotive industry.
No Factory Closures or Mass Layoffs
The future pact explicitly rules out factory closures or mass layoffs. Volkswagen commits to maintaining production at all German locations and to creating new jobs in the areas of e-mobility and digitalization. This provides employees with long-term job security and a clear perspective for the future.
Key Elements of the Future Pact
- Investment of billions in e-mobility and digitalization
- Creation of new jobs and safeguarding of existing ones
- Qualification of employees for the future challenges of the automotive industry
- No factory closures or mass layoffs
- Long-term job security and a clear perspective for the future for employees
Reactions to the Future Pact
The future pact has been welcomed by both IG Metall and the VW Works Council. IG Metall Chairman Jörg Hofmann emphasized the importance of securing employment and the future viability of all VW locations. VW Works Council Chairman Bernd Osterloh praised the constructive cooperation with IG Metall and the company's commitment to its employees.
The future pact is a significant milestone in the transformation of Volkswagen towards e-mobility and digitalization. It provides employees with long-term job security and a clear perspective for the future, while ensuring the competitiveness of the company in the global automotive market.