Volkswagen Workers and Managers Clash Over Cost-Cutting Drive
13 Articles
13 Articles
Growing unrest, resistance to the break-up of the Volkswagen Group
The executive board of the Volkswagen Group has begun preparing workers at the core VW brand for an extension of the cutbacks that began at the end of 2024. The process could ultimately end in the break-up of one of the world’s largest car makers.
Volkswagen managers face workers outraged by restructuring plans this week, who could eliminate up to 100,000 jobs and endanger several German plants. Already on Tuesday, CEO Oliver Blume was booed at a meeting with Wolfsburg workers where he said they need to “reduce complexity” ... Continue reading “The keys to a tense week for Volkswagen that will define the fate of thousands of workers” The post The keys to a tense week for Volkswagen that w…
The car company saves on personnel, despite billions of dollars. The reason is called the return. It is too low. What does that mean?
If implemented, the economic measures would lead to unprecedented large-scale layoffs. The current target figures could even double.
The German group Volkswagen is in a delicate situation, which requires industrial and wage adjustments. Indeed, the pressure of Chinese competition, the expensive switch to electric power, which weighs on margins, as well as the difficulties encountered in certain markets are putting the manufacturer under pressure. In Europe in particular, new car sales have still not returned to their level before the Covid-19 crisis. Volkswagen must therefore…
The job losses at Volkswagen could be concentrated for half in Germany. Four factories have to offer solutions within a year....
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