Volkswagen strikes wage deal, salaries will rise by 2.3%

Volkswagen has struck a wage deal with IG Metall, the German union that represents 1,20,000 employees, that is, about 18 per cent of its workforce. Post 14 hours of negotiations and five rounds of talks, the employees can now look forward to a 2.3 per cent increment w.e.f January 2022.
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