First reported by globalbankingandfinance.com
Volkswagen stakeholders meet to decide future of creaking auto giant
'Volkswagen Law' That Built Germany's National Car Now Blocks Restructuring of 100,000
2h agoen
From the article
Volkswagen has formalized plans to restructure up to 100,000 workers and close four German plants, but the 1960 'Volkswagen Law' and union voting power pose major obstacles.
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