Volkswagen Workers Halt Production Amid Factory Closures

Volkswagen AG is facing significant unrest as it plans to close at least three factories in Germany and implement a 10% pay cut for employees in an effort to save around four billion euros due to high production costs and declining demand. Workers' representatives, led by Daniela Cavallo, have vowed fierce resistance against these measures, warning management of potential strikes as early as late November. The company is set to announce its third-quarter results, which are expected to show declining sales and profits. Labour leaders are organizing rallies at 11 German plants to inform workers about the negotiations and mobilize against the proposed cuts. The IG Metall union has condemned the plans, calling them a