GO
Loading...

Enter multiple symbols separated by commas

Volkswagen's Belgian Workers Return to Work

Workers at Volkswagen AG's Belgian plant returned to work Monday after a seven-week strike to protest the decision to lay off almost 3,000 of the carmaker's employees.

Workers last week narrowly voted to return to the plant on Monday, but it will likely take several more days before output recommences.

Volkwagen took the decision in November to phase out production of its Golf model at the plant near Brussels. Instead of fully closing down the plant, the German company said that up to 3,000 workers would be able to produce the latest Audi model as of 2009, partly compensating for the job cuts.

Contact U.S. News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Don't Miss

U.S. Video

  • Hero miles for military members: Real estate magnate's plea

    Chairman of the Fisher House Foundation, Ken Fisher, discusses the Hero Miles program with CNBC's Dina Gusovsky. During Military Appreciation Month, Fisher is asking every traveler to donate 1,000 of their miles to replenish the Hero Miles programs that is in danger of running out.

  • Cramer shuts down this market's haters

    "Mad Money" host Jim Cramer on why this market can't stop, won't stop.

  • From the battlefield to the boardroom

    Your Grateful Nation is dedicated to helping Special Forces veterans enter the corporate world and Knot Standard provides complimentary suits to vets. Mad Money's Jim Cramer spoke with Rob Clapper, Your Grateful executive director; John Ballay, Knot Standard co-founder and president; Tej Gill, retired U.S. Navy Seal; and Darren McB, active duty U.S. Navy Seal.