Volkswagen (VWAGY) workers will go on warning strikes on Monday at plants across Germany, labor union IG Metall said, marking the first large-scale walkouts at Volkswagen’s domestic operations since 2018, Reuters’ Maria Martinez reports. The start of the strikes represents a further escalation of a dispute between Europe’s top carmaker and its workers over mass layoffs, pay cuts and possible plant closures – drastic measures the company says it cannot rule out in the face of Chinese competition and cooling consumer demand.
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