VW CEO Under Pressure as Labor Unions Torpedo Turnaround Plan
19 Articles
19 Articles
The VW management wants to stick to its savings plans and create first facts. The employee representatives stand up against a bald blow. At the latest in autumn there is a vow.
The planned savings package for Volkswagen would already be enormous. A six-digit number of employees could sit on the street, four plants in Germany will stop their work. In a Supervisory Board meeting, not only headwinds come, but a clear no to the plan.
The Austrian supplier industry fears further price pressure from manufacturers such as VW, which provided poor business figures for the second quarter of 2026.
Volkswagen wants to drastically reduce its model range. In order to be able to enforce terminations and factory closures, CEO Blume still has to knock the Supervisory Board softly.
Factory closures and job reduction: The VW Supervisory Board has not gone through the radical proposals of the Executive Board. The Group remains like its home country – a reform building site.
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