Volkswagen labour chief says confidence in CEO damaged but can be repaired
Workers say management’s external communication on restructuring has been disastrous as Volkswagen weighs up to 50,000 more job cuts and plant changes.
- On Tuesday, Volkswagen works council chair Daniela Cavallo told employees in Wolfsburg that trust in CEO Oliver Blume and the executive board "has been damaged," though she noted it is "not yet beyond repair."
- Workers described the company's communication regarding its largest-ever transformation plan as "disastrous," fueling anxiety amid the automaker's cost-cutting drive.
- Volkswagen management warned of a "more than critical state" due to a 3.8% operating margin, noting that up to 50,000 additional job losses may be required on top of the 50,000 already agreed.
- Christiane Benner, head of the IG Metall union, stated that workers "are getting another slap in the face" following confirmation of potential further job cuts.
- Faced with rising competition from China, US tariffs, and red tape, Blume warned that Volkswagen and the German auto industry face "the biggest upheaval in their history.
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97 Articles
Volkswagen workers boo boss during speech on job cuts
VW, long a titan of German industry, has struggled with Chinese competition, US tariffs and patchy demand in Europe, including for its electric vehicles. About 50,000 job cuts have already been agreed across the 10-brand Volkswagen Group -- mostly at VW, Audi and Porsche -- but the firm has said another 50,000 could be required worldwide to slash costs. Speaking in front of about 10,000 workers at VW's Wolfsburg factory, CEO Oliver Blume said fo…
The CEO of the German giant Blume started the tour of the plants from Wolfsburg to illustrate his plan. It lasts the reaction of the workers' representatives: "Insufficient information" about the fate of four factories in Germany
"We need to reduce complexity, simplify our structures in a coherent way and reduce costs," said Oliver Blume during a meeting with the workers at the group's headquarters in Wolfsburg
With its conversion plan for Europe's largest car manufacturers, VW CEO Oliver Blume encounters massive protest from the employees. The overall works council considers the trust in the Volkswagen boss to be damaged.
More than 10,000 Volkswagen employees, concentrated inside and outside pavilion 11 of the main plant of the automotive brand in Wolfsburg have received CEO Oliver Blume with booing and booing. IG Metall’s union representatives have shown banners with slogans such as “Stop breaking the agreement!” or “Our jobs are not the adjustment of your balance sheet!”, in the first of the nine meetings Blume will hold with Volkswagen’s staff to explain the b…
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