• RubberDuck
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    271 day ago

    The nerve of this company. They are making LESS PROFIT and asking the personell to take a pay cut. I hope the whole VW crew goes on strike till the management is replaced.

    • @[email protected]
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      -41 day ago

      Despite not liking the requst for a pay cut, it seems clear that VW can’t just sit and wait for the best. There are significant challenges coming ahead.

      • RubberDuck
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        271 day ago

        Their PROFIT dropped from 16 billion to 13 billion. They get to ask employees for a pay cut when they make a loss, maybe.

        Now they are asking the employees to take less money for their labor (time) so VW can have enough profit to promise/give to the shareholders.

        That something needs to happen is clear, but a pay cut is not one of them.

        VW investors for years underinvested in the future of the company, refused to change course, and now they want employees to foot the bill? Fuck them.

        Oh and in 2023, they INCREASED dividend payout to 28 percent. https://www.volkswagen-group.com/en/dividend-15991.

        And in 2022 they paid out dividends TWICE: https://ycharts.com/companies/VWAGY/dividend

        Keep in mind we are talking about the company that conspired with other companies and installed hard & software in their cars so they could keep wrecking the planet while keeping sales high by faking emission values. How many of their higher-ups are not in prison for crimes against humanity is a crime in itself. Winterkorn should be flogged publicly every day for this.

  • @Mateoto
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    191 day ago

    For all of their managers, right? Right?

  • @[email protected]
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    101 day ago

    This year until September they have already made 12.9Billion € profit.

    Just as a reference.

    • @[email protected]
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      1 day ago

      After massively increasing dividends to their shareholders to new records of 4.5Billion € in June.