Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

VW considers salary cuts

BRATISLAVA-based carmaker Volkswagen (VW) is allegedly planning to cut the salaries of its employees by 4 percent. The company has already submitted the proposal to trade unionists, explaining that it wants to invest in modernising its production lines so that it will reduce employee work hours, the Hospodárske Noviny daily wrote in its January 21 issue.

The salary cuts will be the first to occur in the Bratislava-based plant since its establishment.
“We ask you to assess the economic situation in the automotive sector and its impact on Volkswagen’s management in the future when the jobs are threatened,” reads the material submitted to the trade unions, as quoted by Hospodárske Noviny.

Spokesperson for VW Slovakia Vladimír Machalík said that collective negotiations over the salaries are still underway, and that he will discuss their results as soon as they are over.

The company is allegedly planning to reduce the work hours of its employees from eight to six hours, Zoroslav Smolinský, head of the VW trade unions, told Hospodárske Noviny. He explained that the main reason is not due to a lack of orders, but so that the firm can improve its production lines and abolish Sunday shifts. He added that VW is not planning any layoffs.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Topic: Automotive


Top stories

Long-neglected Renaissance house in Bratislava’s centre reveals its secrets Photo

The National Trust is bringing the historical Rómer’s house back to life.

Renaissance Rómer’s house in the Bratislava's Old Town

Slovak healthcare needs thousands of medical workers

Slovak doctors, nurses and midwives are not hesitating in finding better work conditions abroad.

Illustrative Stock Photo

RE-inventing modern theatre Photo

This year's international theatre festival REvolves around the prefix “re”, playing with its meanings and connotations, while also commemorating the years in (Czecho-)Slovak history ending with 8.

TR Warsaw: My Struggle

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between September 21 and September 30, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Kapitulská