VW workers to grill CEO on overhaul threatening 140,000 jobs, works council says
Workers will question CEO Oliver Blume on a cost-cutting overhaul that could put up to 140,000 jobs at risk, the works council said.
35 Articles
35 Articles
Volkswagen cuts up to 120 000 jobs. For automotive suppliers in Switzerland, this restructuring can be an opportunity. For some, however, any help comes too late.
Is German car giant Volkswagen facing the most massive layoffs in its almost 90-year history? At least 50,000 jobs will be cut and four factories will be closed. Will the crisis soon reach us? The Volkswagen Group is the largest buyer of Slovenian suppliers in the automotive industry.
leprogres.fr
Europe’s largest car manufacturer is under intense pressure from US tariffs, declining profit margins on electric cars and, above all, fierce competition from China.
Employment guarantee, job cuts, restructuring: How the social compromise at Volkswagen is renegotiated between tradition and transformation.
Volkswagen CEO clashes with workers over 140,000 proposed job cuts
The works council of German carmaker Volkswagen said on Friday it will host extraordinary staff assemblies in August with CEO Oliver Blume, giving workers the opportunity to grill him on plans threatening up to 140,000 jobs. Blume will attend meetings with staff at the company headquarters in Wolfsburg on August 25, and the plants in...
The works council wants to hear more details about the management's savings plans and makes a explosive bill. The Supervisory Board is also expected to meet quickly after the summer break.
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
