"More than Critical: Volkswagen CEO Swears Employees on Difficult Times

Kurier

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The situation at the car company is "more than critical". Oliver Blume indicates up to 50,000 wobbly jobs.

Spiegel

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VW has already saved significantly. However, Group CEO Oliver Blume demands further cuts and is now addressing the employees. Concern about additional job losses is growing.

Sueddeutsche Zeitung

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At present, savings and job losses are being discussed at Volkswagen, now Blume comments in an interview published on the Group's intranet.

News38

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At the moment, VW is certain that nothing is safe. This is also felt by the employees of the individual locations.

Welt

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As soon as the factory holidays are over, Volkswagen's calm is over: Group CEO Oliver Blume described a tense situation for Europe's largest car manufacturer just before a series of company meetings.

Deutschlandfunk

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Volkswagen CEO Blume has described the situation in Europe's largest car manufacturer as more critical. VW is capable of action, said Blume in an interview published in the company's intranet and available to the German press agency. However, the current return is not sufficient to finance future investments permanently.