Volkswagen Cost-Cut Measures

Investments
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63

I=5

  • From 2027, Volkswagen will overhaul its wage structure, following a recent agreement with the works council.
  • Internal documents indicate that wage cuts will fall by 6% (provisional target) from 2027 at the Volkswagen brand.
  • Overall, labour costs are expected to decline by €1.5 billion annually, with an agreement on the company wage settlement until 2030.

Assessment
The fact that wages will fall by 6% from 2027 indicates that the cost benefits in the next two years could be small.

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