-
Trump Signals Willingness to Work With Democrats After Midterm Defeat
-
Abdul El-Sayed Wins Michigan Senate Seat in Historic Election
-
Qatar media bodies discuss support for humanitarian initiatives
-
RSI Welcomes The Orange County Comptroller's Office as Its Newest Government Premier Partner
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - November 04
-
Galloway accuser could not foresee publishing-sector fallout, lawyer argues
-
No. 22 UCLA defeats No. 5 Arizona 84-75 despite Kharchenkov's 38 points
-
New York City Center revives In the Heights as a timely community story
-
Vessel operator seeks witnesses after Vancouver grounding
-
Godzilla Minus Zero shifts focus toward postwar human drama
-
US Air Force deploys F-16 fighters to remote Aleutian base for readiness drill
-
Mehbooba Mufti urges dialogue and renewed Central Asia links for Kashmir
-
Bezos grant helps Seattle nonprofit move thousands of families toward housing
-
Seacliff Healthcare Seeks Specialist GP in Thirroul
-
Shrini Srivastava joins crew of Varanasi-Delhi Vande Bharat Sleeper service
-
US stocks fall before midterm Election Day as technology shares weaken
-
Nearly Half of Australian Workers Overqualified, Survey Finds
-
BLS Polymers makes strong market debut at ₹248 per share
-
RBI eases export-declaration compliance for individual service exporters
-
Petrol and diesel prices remain broadly steady across major Indian cities
-
India proposes more import entry points for drugs and medical devices
-
Reliance shares remain in focus after near-12% surge
-
Derek Tierney Outlines Ten-Year Strategy for National Digital Health System
-
2026 Arizona Midterms: Key Races, Ballot Measures, and Voter Deadlines
-
NBC’s Steve Kornacki Reveals Tech Habits Ahead of Midterm Elections
-
Coal India prepares possible $1 billion Mahanadi Coalfields listing
-
India and Israel oppose UN draft on regional conventional arms control
-
Julia Stiles and Ezra Sosa Share Emotional Farewell After 'DWTS' Elimination
-
BLS Polymers shares open 65.3% above IPO price
-
US Buildings Threatened by Wildfires Could Triple by 2060
-
Capital-markets shares rally as Motilal Oswal and Angel One lead gains
-
Why Pregnancy Cost Estimates Fail: A Family’s $9,000 Surprise
-
Latino Voters Defy ICE Fears, Turn Out in Record Numbers for Midterms
-
US Strikes Iranian Targets in Strait of Hormuz Ahead of Midterms
-
ITC shares rise as analysts anticipate gradual cigarette-business recovery
-
Brodeur’s Overtime Goal Secures Bethlehem’s Second Consecutive Sectional Title
-
Reliance rally puts historical one-year return pattern in focus
-
Rare 1970 Plymouth ‘Cuda 426 Hemi Listed for $400,000
-
Kuwait edges Oman 1-0 in veterans Gulf Cup in Doha
-
The Digital Burden: Why Instant Messaging Feels Like a Full-Time Job
-
Saudi Aramco quarterly profit climbs 34.6% amid elevated oil prices
German VW workers kick off second round of strikes
Thousands of Volkswagen workers walked out on Monday in the second round of strikes in the escalating conflict between unions and management over the German carmaker's drastic savings plans.
The four-hour work stoppage was called at nine Volkswagen factories across the country.
The action is twice the length of the first "warning strike" organised by union IG Metall last week, which saw some 100,000 workers down tools.
The walkout was timed to coincide with the latest round of negotiations between unions and management over VW's savings plan.
The two sides have been locked in bitter talks since Volkswagen said in September it was considering closing factories in Germany for the first time in its history.
The situation at the group's eponymous Volkswagen brand is "serious" according to executives, with drastic action needed to put the company on a sustainable footing.
The auto manufacturer has struggled with the switch to electric vehicles as it battles high costs at home and rising competition from Chinese carmakers.
According to unions, management has laid out plans to close at least three plants in Germany, where the Volkswagen brand employs some 120,000 people.
Worker representatives have vehemently opposed the plan to close sites in Germany and threatened the group with massive industrial action.
Unions presented a cost-cutting plan to management, which they said would save the car maker 1.5 billion euros ($1.6 billion).
But management has rejected the proposals, saying they did not add up to a "sustainable solution".
"We need to find further potential (for savings)... this is the only way we can finance our investments," Volkswagen negotiator Arne Meiswinkel said Monday.
Volkswagen's "insistence on maximalist positions" had "destroyed trust" among workers, IG Metall negotiator Thorsten Groeger said ahead of talks.
He added that if VW showed a willingness to compromise, it would be "possible that we can find solutions before Christmas" in just over two weeks.
Pushback against Volkswagen's plans has also come from Germany's political leadership.
"Closing factories would not be the right way," Chancellor Olaf Scholz told the Funke media group over the weekend.
"Precisely because the bad decisions of management have contributed to the situation, that would not be ok," said the Social Democrat, who is battling to save his job in elections slated for February.
T.Sanchez--AT