For many years, employees of the largest European car company, Volkswagen, have benefited from privileges. The company collective agreement, a separate set of rules for 120,000 VW employees in Germany, regularly contained a plus compared to the collective bargaining agreement in the metal and electrical industries. Attractive offers for partial retirement, generous profit-sharing bonuses for specialists and senior managers: all of this caused costs to rise and contributed to the crisis that is now spreading. Cuts are urgently needed to secure the future of the company.
Go to Source