Volkswagen savings plans trigger nationwide IG Metall action day ahead of supervisory board meeting IG Metall has called a nationwide action day to protest Volkswagen savings plans, organizing demonstrations at …
Volkswagen
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Business
Volkswagen board member urges synergies and warns against plant closures
by Leo Müllerby Leo MüllerVolkswagen plant closures rejected by supervisory board member as short-sighted cost move Julia Willie Hamburg warns Volkswagen plant closures would weaken Germany’s industry; she urges targeted synergies, investment and protection …
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Business
Volkswagen cost-cutting plan threatens German factories and jobs
by Leo Müllerby Leo MüllerVW restructuring threatens German plants as states and unions dig in German states, unions and automakers clash over VW restructuring plans that could target Neckarsulm, Zwickau, Hannover and Emden, raising …
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Business
Volkswagen faces potential 100,000 job cuts as board set to review plan
by Leo Müllerby Leo MüllerVolkswagen job cuts loom as management withholds targets ahead of July 9 supervisory board meeting Volkswagen job cuts could reach 100,000 as management refuses to give targets; works council is …
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Business
Volkswagen sells Everllence majority stake to Bain amid board independence concerns
by Leo Müllerby Leo MüllerVolkswagen sells Everllence majority stake to Bain after protracted divestment Volkswagen sells Everllence majority stake to Bain for over €1 billion, raising governance questions and securing worker guarantees amid wider …
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Business
Volkswagen weighs exit from Bosch autonomous driving alliance after €1.5 billion investment
by Leo Müllerby Leo MüllerVolkswagen Weighs Exit from Bosch Autonomous Driving Alliance After €1.5bn Investment Volkswagen is reportedly weighing a withdrawal from the Volkswagen-Bosch autonomous driving alliance after investing €1.5 billion, citing slow technical …
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Politics
Volkswagen Plans Up to 100,000 Job Cuts as Minister Prien Proposes Parental Allowance Reform
by Hans Ottoby Hans OttoPrien’s parental allowance reform sparks debate as Volkswagen plans 100,000 job cuts and Istanbul verdict concludes Germany faces a turbulent policy and economic moment as Families Minister Prien unveils a …
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Business
Volkswagen warns of up to 60,000 job cuts amid Chinese competition
by Leo Müllerby Leo MüllerVolkswagen cost cuts escalate as Chinese rivals and politics squeeze German plants Volkswagen cost cuts accelerate as the company prepares deeper savings measures amid slowing demand, rising competition from Chinese …
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Business
Volkswagen plans 100,000 job cuts, doubling previous 50,000 target
by Leo Müllerby Leo MüllerVolkswagen job cuts doubled to 100,000 as supervisory board prepares July 9 review Volkswagen doubles planned job cuts to 100,000, provoking union and political backlash nationwide. Supervisory board will review …
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Business
Volkswagen plans up to 100,000 job cuts and four plant closures
by Leo Müllerby Leo MüllerVolkswagen job cuts of up to 100,000 reported in restructuring plan Volkswagen job cuts reported by German media could remove up to 100,000 roles worldwide as management weighs plant closures, …