First reported by globalbankingandfinance.com
Volkswagen stakeholders meet to decide future of creaking auto giant
VW faces protests in Germany over proposed job cuts and factory closures
From the article
Demonstrations at 18 sites set up as radical transformation plan put to board of Europe’s biggest carmaker Volkswagen’s proposal to slash up to 100,000 jobs and close factories faces a major test on Thursday as formal proposals are put to the supervisory board at Europe’s biggest carmaker, with protests planned at all plants in Germany. IG Metall, the influential staff union, has organised demonstrations involving shop stewards and union council members at 18 sites, including the company’s headquarters. It warned the chief executive, Oliver Blume, that he cannot “pass the buck for failures of recent years on to the workforce”. Continue reading...
Continue reading on The GuardianYou might also wanna read

Volkswagen faces showdown to decide future of creaking auto giant
Daily Maverick·2h ago

The workers of Seat, waiting for how the Volkswagen cutbacks will affect them
Ara·4d ago
'Volkswagen Law' That Built Germany's National Car Now Blocks Restructuring of 100,000
Seoul Economic Daily·3h ago
Amid competition and tariffs: Unions to protest as Volkswagen thrashes out job cut plans
today.rtl.lu·6h ago
Volkswagen faces potential 100,000 job cuts, shaking factory towns
The article explores the deep anxiety spreading through factory towns as Volkswagen faces the possibility of cutting up to 100,000 jobs. It

Volkswagen communicates today the details of its restructuring in the face of Martorell's unease
Ara·7h ago

Volkswagen communicates today the details of its restructuring in the face of Martorell's unease
Ara·7h ago

Comments
Sign in to join the conversation.
No comments yet. Be the first.