Workers vow to fight plans by Volkswagen to cut jobs and close plants in Germany
Volkswagen’s headquarters in Wolfsburg, Germany, December 9, 2021
VOLKSWAGEN workers have vowed to fight plans for job cuts and plant closures announced by the German car-maker.
Germany’s biggest company claims that it needs to save €4 billion (£3bn) and says that the existing job security plan agreed in 1994, which involves severance packages and reduced contracts, was not going to be sufficient to make the savings.
On Monday, Volkswagen chief executive Oliver Blume said: “The European car industry currently finds itself in a challenging and serious position.
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