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Germany, Volkswagen
Volkswagen mulls closing factories in Germany for the first time and cutting thousands of jobs to reduce costs
Union boss tells workers that VW plans to shut three plants in Germany, as well as slash jobs and cut salaries in response to rising financial pressure.
Historic moment for Volkswagen: Automaker plans to close ‘at least’ 3 German plants and cut thousands of jobs
Volkswagen plans to close at least three factories in Germany, lay off tens of thousands of staff and downsize remaining plants in the country, the company’s employee group said Monday.
Volkswagen's employee council says the automaker plans to close at least 3 German plants
The head of Volkswagen's works council says the company has informed employee representatives that it wants to close at least three plants in Germany
The Economist
1d
Volkswagen’s woes illustrate Germany’s creeping deindustrialisation
T he spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...
2d
on MSN
Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz ...
4d
Reactions to Volkswagen labour chief warning of mass layoffs, plant closures in Germany
Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining ...
4d
Volkswagen to cut Germany footprint amid broader industry struggles
The German auto giant is overhauling its business to cut costs in the face of low European demand and competition with China.
2d
on MSN
Germany economy panic as Volkswagen sends 'urgent' warning amid 64% profits slump
Volkswagen is arguably Germany's most famous brand, and an enduring symbol of its post-war economic dominance.
4d
Union denounces reported Volkswagen plans to shut plants in Germany
Reports of plans by carmaker Volkswagen to shutter at least three plants in Germany were met with outrage from the IG Metall ...
The Associated Press - Business News on MSN
2d
Volkswagen says cost cuts are urgently needed as its earnings decline sharply
Volkswagen says significant cost cuts are urgently needed as it reports a steep decline in third-quarter earnings and faces ...
The Local
2d
Germany's Volkswagen demands 10-percent wage cut in union talks
Ailing auto giant Volkswagen has warned that "painful" cost cuts are unavoidable as third-quarter profit plummeted, with ...
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