Roundup: Volkswagen, unions reach agreement, cutting 35,000 jobs by end of 2030

BERLIN, Dec. 20 (Xinhua) -- German automotive giant Volkswagen and employee representatives concluded their five-day intense talks over the company's far-reaching cost-cutting plans on Friday. Both parties announced they have reached an agreement, with involuntary layoffs and plant closures being ruled out.

Around 70 negotiators from Volkswagen and IG Metall have convened in Hanover, a city near the carmaker's W