General

Volkswagen: scraps 30-year agreement with workers, prepares for thousands of redundancies and plant closures

The changes Volkswagen are world-changing, with the German automaker’s leadership team announcing today to labor union leaders that it is ending a 30-year-old agreement that protected workers from layoffs.

Volkswagen is going through the worst period in its history, following the trajectory of the German economy, which is on the brink of recession.

UPDATE Coronavirus: How the health crisis has influenced the activity of European news agencies

The health crisis caused by the coronavirus pandemic greatly influenced the activity of European news agencies in terms of working procedures, and some expect a drop in revenues, according to the directors of some of these media outlets in interviews published on Monday on the European Alliance of News Agencies (EANA) website.