Volkswagen (VWAGY) workers walked off their jobs and union leaders threatened to escalate protests if cuts at the carmaker’s brand fail to yield a breakthrough, Monica Raymunt of Bloomberg reports. These are the second walkouts this month and began hours before Volkswagen and the IG Metall union were scheduled to start a fourth round of talks. These warning strikes are raising pressure on the company to break a stalemate with the IG Metall union over management’s plan to shutter factories and lay off thousands of workers to make the carmaker competitive.
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