Stock Market News

Volkswagen calls for 10% pay cuts

10/30/2024

Less than a minute

2024.10.30 13:46

(Reuters) – Volkswagen (ETR:) wants its workforce to take pay cuts of 10% in order to remain competitive and safeguard jobs, the company said in a statement on Thursday.

The announcement comes after a request from the IG Metall union to hike salaries by 7% and reinstate collective agreements. The company says it is unable to meet those demands.

10/30/2024

Less than a minute

Bitcoin (BTC) $ 103,848.82 0.49%

Ethereum (ETH) $ 2,585.67 2.06%

Tether (USDT) $ 1.00 0.02%

XRP (XRP) $ 2.41 1.24%

BNB (BNB) $ 649.12 0.50%

Solana (SOL) $ 170.59 0.41%

USDC (USDC) $ 1.00 0.00%

Dogecoin (DOGE) $ 0.226066 1.93%

Cardano (ADA) $ 0.7679 0.27%

TRON (TRX) $ 0.273476 0.17%

Lido Staked Ether (STETH) $ 2,584.56 2.11%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 103,769.80 0.43%

Sui (SUI) $ 3.86 0.56%

Wrapped stETH (WSTETH) $ 3,109.89 2.40%

Chainlink (LINK) $ 15.97 0.95%

Avalanche (AVAX) $ 23.44 0.32%

Hyperliquid (HYPE) $ 27.78 8.41%

Stellar (XLM) $ 0.295286 0.18%

Shiba Inu (SHIB) $ 0.000015 0.09%

hedera-hashgraph

Hedera (HBAR) $ 0.198387 0.36%

LEO Token (LEO) $ 8.86 0.08%

Bitcoin Cash (BCH) $ 399.60 0.93%

the-open-network

Toncoin (TON) $ 3.15 1.93%

Litecoin (LTC) $ 100.32 0.82%

Polkadot (DOT) $ 4.81 0.05%

WETH (WETH) $ 2,587.72 1.99%

USDS (USDS) $ 1.00 0.00%

Monero (XMR) $ 335.94 1.14%

Wrapped eETH (WEETH) $ 2,762.14 2.24%

binance-bridged-usdt-bnb-smart-chain

Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.38%

Bitget Token (BGB) $ 5.00 3.50%

Pepe (PEPE) $ 0.000013 0.37%

Pi Network (PI) $ 0.769271 13.43%

Ethena USDe (USDE) $ 1.00 0.01%

coinbase-wrapped-btc

Coinbase Wrapped BTC (CBBTC) $ 103,889.84 0.41%

WhiteBIT Coin (WBT) $ 30.14 0.32%

Bittensor (TAO) $ 435.91 0.88%

Uniswap (UNI) $ 6.20 0.81%

Dai (DAI) $ 1.00 0.00%

Aave (AAVE) $ 233.27 4.67%

NEAR Protocol (NEAR) $ 2.83 3.04%

Aptos (APT) $ 5.32 0.89%

OKB (OKB) $ 53.45 0.19%

Kaspa (KAS) $ 0.120667 2.29%

Ondo (ONDO) $ 0.965227 1.67%

jito-staked-sol

Jito Staked SOL (JITOSOL) $ 204.85 0.22%

tokenize-xchange

Tokenize Xchange (TKX) $ 36.55 2.13%

crypto-com-chain

Cronos (CRO) $ 0.100934 0.79%

blackrock-usd-institutional-digital-liquidity-fund

BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%

Ethereum Classic (ETC) $ 18.91 0.01%