Former VW Managers Sue Over Pay Cuts Amid Cost-Saving Measures

Volkswagen faces legal challenges from ex-managers contesting the removal of promised pay raises and bonuses as part of the company's extensive cost-cutting strategy.

• The lawsuits, filed by former VW managers, contest the removal of a 3.3% pay raise and a €1,000 inflation compensation bonus.
• A total of 27 cases are being heard initially, with over 100 similar cases pending at the Braunschweig labor court.
• The plaintiffs argue that VW reneged on a 2023 promise to extend tariff agreement benefits to management-level employees.
• Volkswagen's management, including CEO Oliver Blume, has also faced pay cuts as part of the broader cost-saving measures.
• The company's intensified savings plan may lead to job cuts and potential plant closures, as VW aims to address financial challenges.

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Frankfurter Allgemeine Zeitung DER SPIEGEL Stern Wirtschaftswoche