BERLIN — Germany’s IG Metall is demanding an 8 p.c wage hike for Volkswagen Group employees amid spiking inflation, the union mentioned.
“Inflation is destroying wealth, hitting incomes and placing many households in financial difficulties,” IG Metall negotiator Thorsten Groeger mentioned on Wednesday, including that inflation was a “brutal actuality.”
The IG Metall chapter for the German states of Decrease Saxony and Saxony-Anhalt is about to barter the wages of round 125,000 employees at six German VW crops in addition to at subsidiaries together with Monetary Providers.