VW's Skoda Auto unions reject salary freeze as part of group savings
VW's Skoda Auto unions reject salary freeze as part of group savings PRAGUE, Oct 22 (Reuters) - Unions at Volkswagen's VOWG.DE Czech unit Skoda Auto will not accept a salary freeze until 2030 as part of measures the group plans to get the company on a sustainable track, a union newspaper said on Thursday.
Volkswagen plans to freeze salaries for its 660,000 staff worldwide until 2030, the group's works council said on Monday, confirming an earlier report by Sueddeutsche Zeitung.
OS KOVO unions at Skoda will not accept a freeze or zero bonuses, the union's chief Jaroslav Povsik told a meeting of union members, the newspaper Skodovacky odborar, published on Thursday, said.
Skoda, a key part of the Czech manufacturing industry with three plants and many suppliers, has been profitable with higher margins than some other VW brands.
Skoda Auto did not immediately respond to a request for comment.
(Reporting by Jan Lopatka
Editing by Tomasz Janowski)
((jan.lopatka@thomsonreuters.com; +420 234 721 614; Reuters Messaging: jan.lopatka.thomsonreuters.com@reuters.net))
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