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VOLKSWAGEN PLANTS CLOSURE
What are the key issues in Volkswagen's restructuring efforts?Volkswagen's board will meet July ninth to discuss a major transformation plan. This plan includes potential closures of four German plants...- Volkswagen Law: The unique structure behind Europe's biggest carmakerVolkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistan...
- 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 labour leaders stand by 'red line' on plant closuresIn a firm stand against potential factory closures in Germany, Volkswagen's labor representatives have voiced their commitment to preservin...
- Volkswagen preparing staff for temporary plant closures, Bild reportsVolkswagen is alerting its staff about possible temporary plant shutdowns. An internal letter warns of potential disruptions. While current...
- Volkswagen, union extend crunch talks over plant closures and pay cutsVolkswagen and its labor union are locked in intense negotiations to avert plant closures and pay cuts. Progress has been made, but a deal ...
- Volkswagen CEO clashes with workers as conflict over closures, pay deepensVolkswagen CEO and labor representatives clashed over proposed plant closures and pay cuts during a staff meeting. The CEO cited intense co...
- Volkswagen workers to go on warning strikes across GermanyVolkswagen employees in Germany will begin warning strikes on Monday following stalled wage and plant closure negotiations with Europe's le...
- Strikes to hit Volkswagen in December as clash with labour escalatesVolkswagen workers in Germany could go on strike as early as next week, with the IG Metall union warning of "necessary" walkouts starting f...
- Volkswagen union warns against plant closures, backs $1.6 billion cost cutsThe proposal comes a day ahead of a third round of crunch talks between workers and management over pay cuts and factory shutdowns in Germa...
- Volkswagen's EV Woes: From 'das auto' to 'drive digger' and the road aheadVolkswagen, after facing setbacks in its electrification strategy, is announcing plant closures and layoffs. The company's struggles stem f...
- Volkswagen plans major layoffs, to shut at least three German plants, works council head saysVolkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic ...
- Volkswagen weighs wage cuts, bonus reductions in push to save 4 billion euros - HandelsblattVolkswagen is considering significant cost-cutting measures, including a 10% wage cut and a two-year wage freeze, to save 4 billion euros. ...
- 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...
- Volkswagen scraps decades-old German job security pact, says unionVolkswagen has informed IG Metall that it is ending several labor agreements, including job guarantees until 2029 at six German plants. Thi...
- 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 Law: the unique structure behind the German carmaker's labour clashVolkswagen's decision to close plants in Germany and end long-standing labour agreements has highlighted its unique governance and ownershi...
- Volkswagen goes head-to-head with workforce over proposed company cutsVolkswagen management will address a tense workforce at its Wolfsburg headquarters, proposing significant cuts, including factory closures ...
- 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...
- Volkswagen sales down 23% in Jan-March, March alone off 37.6%In March alone, deliveries were down 37.6% overall at 623,000 vehicles, the figures showed, reflecting the coronavirus crisis which trigger...
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