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VW JOB CUTS
Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...- Volkswagen cuts headcount by 7,000, reduces factory costs at key VW brand"Rest assured that we continue to drive implementation of the agreed measures with full force," CFO Arno Antlitz said.
- VW managers to get 10% pay cut in plan to slash bonuses, German newspaper reportsVolkswagen managers will face a two-year 10% pay cut due to reduced bonuses, as part of a deal with unions to cut jobs and production. The ...
- In high-wage Germany, Volkswagen's labour costs outstrip the competitionVolkswagen faces pressure to reduce labor costs in Germany as they exceed those of rivals like BMW and Mercedes-Benz. While unions demand a...
- VW cost cutting necessary after 'decades of structural problems', CEO tells paperVolkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earn...
- How Volkswagen lost its way in ChinaVolkswagen faces severe challenges in China, with falling sales, political missteps, and competition from local brands. BYD's rise and stat...
- Volkswagen and JV partner SAIC plan to close China plant, Bloomberg reportsVolkswagen and its Chinese partner SAIC plan to close at least one plant in China due to slow demand for combustion engine cars. The Nanjin...
- As Volkswagen weighs its first closure of a German auto plant, workers aren't the only ones worriedVolkswagen is considering closing some factories in Germany for the first time in its history to meet cost-cutting goals. The company needs...
- Which Volkswagen factories in Germany could be hit by layoffs or closed?Volkswagen plans to end its job security programme, in place since 1994, due to competition from Asian rivals. This move could impact sever...
- Volkswagen considers historic German plant closures in cost driveVolkswagen is considering closing two factories in Germany amid rising competition from Asian carmakers. This marks a significant clash bet...
- Why Volkswagen is building a team of 3,000 engineers in ChinaVolkswagen is revamping its strategy in China, creating a "China for China" initiative due to the country's dominance in the electric car m...
- Volkswagen considering cutting up to 30,000 jobs: Handelsblatt"There is no question that we have to address the competitiveness of our plant in Wolfsburg in view of new market entrants," VW spokesperso...
- Volkswagen's labour chief rules out four-day week to save jobs amid Covid-19 outbreakGermany's largest trade union IG Metall on Aug. 15 proposed negotiating for a transition to a four-day week across industry to help secure ...
- Volkswagen to trim as many as 4,000 jobs amid digital overhaulThe move, brokered with VW’s powerful unions, includes job guarantees through 2029, the manufacturer said on Wednesday in a statement.
- Race-track rivalry moves to boardroom as VW brands battle for electric car jobsVOLKSWAGEN-POWERSTRUGGLE:Race-track rivalry moves to boardroom as VW brands battle for electric car jobs
- Volkswagen's management, workers to develop strategy for core brandVW's labour bosses last week publicly clashed with the carmaker's brand management, accusing it of betraying workers and trying to use the ...
- Volkswagen brand to cut investment, change diesel technologyVW brand head Herbert Diess made the announcement as the company struggles to overcome a scandal over cars equipped with software that let ...
- Why trouble for Volkswagen made in Germany means Mexico headacheVW has already cut Saturday shifts at its Puebla factory, the largest stand-alone plant making VW brand cars outside of Wolfsburg, where th...
- Volkswagen's Wolfsburg plant may roll out Audis tooVolkswagen is seriously considering making cars for premium arm Audi in its main Wolfsburg plant to fill unused capacity at the factory and...
- VW readies for the long drive aheadVolkswagen brand head, Wolfgang Bernhard, believes job cuts and new models can make it the king of small cars.
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