Volkswagen Cancels Most Collective Agreements at Year's End

Volkswagen has announced it will terminate nearly all of its collective bargaining agreements at the end of the year. The company is tightening its cost-cutting measures, and more than 100,000 employees are affected. The move raises questions about whether staff will have to work longer hours.

The agreements are being cancelled as part of a tougher savings plan. The exact consequences for employees' working conditions have not yet been fully outlined.