Rather cutting salaries from the workers perhaps cut the bonuses from the Missmanagement?
Also dividends.
That the union is proposing this is really infuriating.
Read a bit closer, this is not a wage cut, it is raising wages, but using a bit of financial trickery and an amazing spin to sell it as wage cuts.
I’m all for talking about wage cuts…
After we had an honest talk about why they should be neccessary: Because of VW’s claims that they can’t afford ~3 billion in needed investments over the coming years. That’s after staunchly refusing to produce for a market with actual demand and instead focussing on some small “but profit margins per car are so much better”-luxury segment exclusively, after losing ~30 billions with their emission scandal not that long ago, and after none-the-less paying out the record amount of 4.5 billion in dividends just a few months ago. But I guess some more crying about Germany’s high energy prices (that are actually down to completely normal levels and been like this for more than a year at least) hurting the ecomony will totally solve their problem…
That must be the best framing ever. The union proposes a raise in wages, but in form of a work time fund, which then can be used to actually work less or be paid out at a later date. They then manage to spin it into a wage cut.