Labour Faction Blocks Volkswagen Rescue Plan: Sources
12 Articles
12 Articles
Oliver Blume wants to radically rebuild the car company, but leaves important things open. The communication of the board of directors causes horror in the workforce and politics.
The savings program at Volkswagen causes anger and criticism. The most important employee representatives have now set an ultimatum to CEO Oliver Blume.
After the VW Supervisory Board meeting, many questions remain unanswered. Chief Executive Officer Blume is now to comment "unmistakably" on the savings plans, the works council demands. According to media reports, up to 120,000 jobs are affected.
The planned austerity measures at VW provide for fierce criticism. Head of the Group Oliver Blume defends the plans, but continues to express no concrete opinion on job cuts.
Wolfsburg (Germany) - A savings plan at Volkswagen AG has been rejected by employee representatives and the state of Lower Saxony, sources told Reuters and the German daily Süddeutsche Zeitung. The supervisory board of Europe's largest carmaker discussed the restructuring proposal by CEO Oliver Blume in Wolfsburg on Thursday.
VW is wrestling around savings plans: plant closures, massive job losses and protests are intensifying. Works council appoints CEO Blume an ultimatum. The post VW without agreement: Works council appoints flower ultimatum first appeared on ingenieur.de - Jobbörse und Nachrichtenportal für Ingenieure.
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