Saxony's Economics Minister Martin Dulig has criticized Volkswagen's cancellation of the job guarantee. VW is now implementing what the Board of Management had already announced, the SPD politician said in a statement. "This is frightening, as it is about the security of the employees and the locations."
Employment guarantee terminated
Europe's largest car manufacturer formally terminated the employment guarantee in place since 1994 on Tuesday, as the company announced. The contract will therefore expire at the end of the year. Six months later, redundancies for operational reasons will then be possible, i.e. from July 2025.
In addition to the employment protection agreement, which previously excluded such redundancies, several other agreements have also been terminated, including the guarantee of employment for apprentices and the regulations for temporary work.
Volkswagen had announced just over a week ago that it was terminating the job guarantee and no longer rules out plant closures. However, the Group had not yet specified a date for this.
