Published • loading... • Updated
Volkswagen Warns Germany’s Car-Making Industry Is in Jeopardy
- On Tuesday, Volkswagen Group CEO Oliver Blume will address employees at an extraordinary meeting in Wolfsburg, while management board member Thomas Schmall speaks to staff in Braunschweig.
- Employees recently criticized the management board's "disastrous external communication" as Europe's largest automaker considers cost cuts potentially affecting 50,000 jobs.
- In a Friday memo, Blume noted four plants may not reach competitive capacity in the 2030s, raising concerns about sites in Emden, Hanover, Neckarsulm, Osnabrueck, and Zwickau.
- An online survey conducted last week by Volkswagen Group works council found employees and their families were "unsettled and frightened" by the board's public communication.
- Blume has rejected accusations of withholding information, stating the company keeps representatives informed through internal channels and direct personal dialogue.
Insights by Ground AI
27 Articles
27 Articles
VW Labor Backlash Rumbles Ahead of CEO's Showdowns With Workers
·New York, United States
Read Full Article
For Volkswagen, it's time to get involved this week: VW Group CEO Blume wants to present his austerity course to the employees.
·Berlin, Germany
Read Full Article
Auto-crisis and austerity programs – it blows internally at VW. In front of several extraordinary company meetings, employees sharply criticise the company's leadership on the intranet.
·Berlin, Germany
Read Full Article
VW CEO Blume calls the situation critical, IG Metal Head Brenner calls his return targets Wolkenkuckucksheim. Nine company meetings decide on four plants and tens of thousands of jobs.
Volkswagen is in crisis. In an internal survey, the VW workforce criticizes and expresses concerns. At the upcoming company meetings, the board could provide initial answers.
·Düsseldorf, Germany
Read Full ArticleCoverage Details
Total News Sources27
Leaning Left1Leaning Right3Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
11%
C 56%
R 33%
Factuality
To view factuality data please Upgrade to Premium
