VW in the Crisis: Radical Cure for a German Industrial Icon
4 Articles
4 Articles
Daniela Cavallo (51) is Germany's most famous trade unionist. At the same time she also sits on the VW Supervisory Board. Now she fights loudly for the workforce.
der Standard AT
der Standard DEVW plans the biggest conversion in its corporate history. Kahlschlag at jobs and plants included, in the end it could be more than 100,000 jobs less. How dramatic the cuts really are, there is disagreement on the Supervisory Board
Volkswagen's planned restructuring appears to be easing its job cuts. According to the Handelsblatt newspaper, citing several insiders, the company no longer expects to lose more than 100,000 jobs in Germany by 2030. CEO Oliver Blume recently stated that of an additional 50,000 job cuts worldwide, roughly half would be in Germany. Combined with the already agreed-upon 50,000 job reductions, this would result in a figure closer to 75,000 by 2030.…
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