IG Metall rejects plant closures, job cuts at VW


FRANKFURT, Aug 25 (Reuters) - Volkswagen's main union on Thursday rejected plant closures or job cuts in Germany as a way for Europe's biggest carmaker to slash manufacturing costs and shore up its global competitiveness. A day after VW floated the idea of thinning its high-priced workforce, the IG Metall metalworkers union refused to budge on last year's pact that froze wages in western Germany until early 2007 in return for job security through 2011. "Closing Volkswagen AG plants is ...

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