Volkswagen Avoids Immediate Layoffs Amid Historic Union Deal
In the culmination of Volkswagen’s longest-ever union negotiations, the German automaker reached a critical agreement to delay plant closures and sweeping layoffs, while workers stepped back from further strikes. The resolution, finalized after a gruelling 70 hours of discussions, ensures all 10 of Volkswagen’s German plants will remain operational, with involuntary layoffs postponed until 2030.